๐Jerome Powell Statements โ Chairman of the Federal Reserve
1๏ธโฃ The Federal Reserve is currently in a "good position" after the interest rate cut in September. 2๏ธโฃ The interest rate cut is an additional step towards a more neutral policy. 3๏ธโฃ He confirmed: "There is no risk-free path" in interest rates. 4๏ธโฃ He warned against: โข Rushing to cut interest rates too quickly. โข Or continuing to tighten policy for too long.
5๏ธโฃ He indicated that inflation currently stands at 2.7%$
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