Summary of Jerome Powell's speech
- The current economic situation is stable.
It is true that the labor market has achieved a balanced inflation rate, but it has not yet met the target.
- Risks include temporary stimuli for inflation due to tariffs and the potential for slow growth.
- Inflation expectations must remain stable in the long term. It is still too early to assess policy changes.
- We will monitor data and policy changes.
- The goal remains to maximize employment and stabilize prices.$BTC
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