Powell Urges Caution on Policy, Warns Tariffs May Fuel Inflation
Jerome Powell, the Chairman of the US Federal Reserve, made important comments about monetary policy and the current economic situation…
Powell Urges Caution on Policy, Warns Tariffs May Fuel Inflation
Jerome Powell, the Chairman of the US Federal Reserve, made important comments about monetary policy and the current economic situation. Regarding monetary policy, Powell said that now is a good time to be patient and cautious, and there is no need for quick changes in policy. He emphasized that this approach allows the Federal Reserve to respond in a timely way if necessary. He also mentioned that inflation has dropped significantly compared to the past.
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