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Chair Powell: "The situation of inflation exceeding the target level continues"... Signal of monetary policy adjustment
Federal Reserve Chair Powell has mentioned that the current inflation rate remains above the target level. This indicates that despite various measures taken to stabilize prices in recent periods, inflationary pressures within the economy are still active.
Chairman Powell’s remarks go beyond mere description of the situation and are interpreted as an important signal for future policy directions. They imply that the Federal Reserve is likely to continue reviewing its monetary policy stance and make additional adjustments if necessary to respond to the current inflation trend.
Powell’s observation that inflation remains above the target reflects economic uncertainty, which can also impact financial markets and the cryptocurrency market. This is why the Federal Reserve’s future policy moves are closely watched.