💡The reason for the rise in currencies 🔥🔥🔥

Speech by the President of the Federal Reserve

Jerome Powell live.⏳

Powell states: "A shift in the balance of risks may require adjustments in monetary policy." The downside risks to employment are increasing. The labor supply is decreasing in line with demand. The Federal Reserve has abandoned its flexible average inflation targeting framework. It cannot be taken for granted that inflation expectations are stable.

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#Powell #Fed #RateCutExpectations