Summary
- Jerome Powell, Chairman of the Federal Reserve, announced that it is premature to determine the path of monetary policy.
- Chairman Powell emphasized that the Fed is prepared to wait in the current situation.
- He warned that the economic impact of tariffs could be greater than expected.
According to Reuters on the 4th (local time), Jerome Powell, the Chairman of the Federal Reserve (Fed), stated in a speech that "it is still too early to say what the appropriate path for monetary policy is," and that "the Fed is prepared to wait."
He added, "The impact of tariffs on the economy could be greater than expected," and emphasized the need to ensure that price increases do not lead to sustained inflation.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
