Powell: The overall US economy is strong, and a 50BP rate cut depends on confidence in the labor market

According to BlockBeats, on September 19, Federal Reserve Chairman Powell delivered a speech saying that the overall economy (currently in the United States) is strong and the Federal Reserve is committed to maintaining strong economic development.

The Federal Reserve reduced the pace of policy tightening today, and today’s decision reflects growing confidence that the strong performance of the labor market can continue.

source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *