The Fairy makes a powe to rearrange powe on rate cuts, judge a strong economy

Keynous

The Chairman of Fed Jewell said that the US economy said strongly and there is no hurry to cut smooth rates.
The work market is strong and broadly balanced by Powell.

The Chairman Jewell's Poewell reinforces today that the US economy is spending to ensure an inflation is moving towards the 2% target.

“With our Policy standing, it wasn't very powerful than it and the economy would not have to change policy,” Powell in Certificate Prepared to the Sentate Banking Committee.

Extended the US economy at 2.5% in 2024, with a sustainable user's wear, and the work market is still harshly degree, political degree. Unemployment rate was standing at 4% in January.

Inflation has adopted an inflation to inflation, across the past two years, with the main Personal Expenditure prices up 2.8% in the 12 months through 2.6% in the same period.

“We know that the policy leisure could be too quickly or too much too much to prevent progress,” Powell. “At the same time, decreases policy limit too slowly or too few economic activity and unusual employment.”

The Bed has maintained stable allotting areas of July at 5.25% to 5.5% after confronted to fight in influence. Powell said the Memorial Bank would change the mechanism to pay, the attachment, and the balance of the dangers.

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