Powell: Inflation has significantly decreased.

2025-05-08 04:33:37

[Powell: Inflation Has Decreased Significantly] Federal Reserve Chairman Powell stated that inflation has decreased significantly, with the inflation rate slightly above the target level of 2%. Short-term inflation expectations have risen. The labor market is not the main source of significant inflationary pressure; long-term inflation expectations remain consistent with the target. He also stated that the Federal Reserve has an obligation to stabilize inflation expectations.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes