Chair Powell: "No Pre-set Path... No Need to Rush Policy Adjustment"

JH Kim

Summary

Jerome Powell, Chair of the Federal Reserve, stated that there is no rush to adjust the interest rate policy.
Regarding the current policy stance, he emphasized flexibility by saying "there is no pre-set path."
He mentioned that they will respond to risks and uncertainties.

Jerome Powell, the Chair of the Federal Reserve, stated at a press conference following the FOMC on the 29th (local time) that "The Fed is currently in a good position. There is no need to rush to adjust the interest rate policy stance," and "There is no pre-set path. We will respond to risks and uncertainties as they arise."

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Chair Powell: "No Pre-set Path... No Need to Rush Policy Adjustment"

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