Statements by the Federal Reserve Chairman 🇺🇸

Jerome Powell clarified several important points regarding inflation:

Long-term inflation expectations remain close to the target of 2%.

In the short term, expectations have risen slightly.

The current rise in inflation is primarily due to commodity prices.

According to February estimates:
Expected annual inflation rate: 2.8%
Core inflation rate: 3.0%

In summary: Inflation is under control in the long term, but it still exerts pressure at present.
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