Additional headlines are crossing the wires from the Fed Chair Powell, as he now responds to the Q and A session.
“There will be a high bar to fundamental changes to inflation framework. “
“Current policy framework has served the public well.”
“Using an inflation range one option to be reviewed.”
“US inflation dynamics very different than in recent decades, with globalization, technology playing a role.”
“Outlook of trade talks is unknown, premature to judge.”
“Don’t see any threat to dollar as reserve currency.”
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