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Apr 3, 2024 · Powell reviews the progress on inflation and the outlook for growth and employment, and discusses the Fed's independence and role in achieving its goals. He also addresses the risks and challenges of monetary policy decisions in a changing economy and society.
Aug 25, 2023 · Powell reviews the progress and challenges of bringing inflation down to 2 percent, and discusses the outlook and the uncertainties for policy. He says the Fed will raise rates further if appropriate and hold policy restrictive until inflation is sustainably down.
Nov 30, 2022 · Chair Powell gives a progress report on the FOMC's efforts to restore price stability and discusses the macroeconomic conditions for bringing inflation down. He covers core inflation components, policy actions, and the outlook for growth and unemployment.
Aug 25, 2023 · By Katia Dmitrieva. August 25, 2023 at 7:02 AM PDT. The following is a reformatted version of prepared remarks titled “Inflation: Progress and the Path Ahead” that Federal Reserve Chair Jerome...
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Apr 3, 2024 · Fed Chair Powell says the Fed has time to assess data before cutting rates, which will likely come “at some point this year.” He reiterates that inflation is cooling and the Fed is not influenced by elections or immigration policy.