If you are referring to **Jerome Powell** (Chairman of the Fed), here is a more detailed summary of key topics he tends to address in his statements (up to October 2023, my last update):
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### **1. Monetary Policy and Interest Rates**
- **Cautious approach**: The Fed prioritizes balancing inflation control without harming employment.
- **"Higher for longer"**: Insistence on keeping rates high until inflation approaches **2%** sustainably.
- Possible **pauses or cuts** depending on economic data, but no rush.
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### **2. Inflation**
- **Progress, but with risks**: Acknowledgment of inflation deceleration (e.g. energy prices, goods), but warns of persistent pressures in:
- **Non-housing services** (health, education).
- **Wages growing faster than productivity**.
- Emphasis on **avoiding complacency**: "The path to 2% will be uneven".
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### **3. Labor Market**
- **Economic resilience**: Low unemployment rate (~3.8% in 2023) and solid job creation.
- **Gradual balance**: Increased worker supply (immigration, labor force participation) vs. business demand.
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### **4. Economic Risks**
- **Geopolitical**: Global conflicts (e.g. Ukraine, Middle East) and their impact on energy/supply chains.
- **Public debt**: Concern about long-term fiscal sustainability.
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### **5. Recurring Key Messages**
- **"We depend on the data"**: No pre-established plans; each decision is based on recent indicators.
- **Transparency**: Commitment to communicate clearly to avoid surprises in the markets.
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### **Example of Recent Statement (2023):**
*"Inflation remains too high. We are making progress, but the process will be long. Our commitment is to bring inflation down to 2% and we will maintain restrictive rates until we achieve that."*
If you are referring to **Jerome Powell** (pre
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