Powell: ready to respond if labour market unexpectedly weakens
Federal Reserve Chairman Jerome Powell said that monetary policy will be adjusted as the economy evolves.
If the economy remains solid, interest rates will be kept unchanged as needed. If the labour market is unexpectedly weak, ready to take countermeasures.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan CEO: An economic recession with credit implications is coming
Bitmine acquired an additional 20,205 ETH this morning, worth $69.89 million.
Kamino announces an increase of $10 million in PT-eUSX deposit capacity
Data: Wall Street rebound boosts Japanese stocks, Nikkei 225 Index rises 2%