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19:09
Federal Reserve Chair Powell: None of the 19 participants present believed policy tightening is needed today
BlockBeats News, June 18, Federal Reserve Chair Powell said that none of the 19 participants at the meeting believed that policy tightening was appropriate today. (Xinhua News)
19:04
Federal Reserve Chairman Waller stated that the actual effects of policy implementation are characterized by unevenness.
The degree of impact and the time it takes for policies to take effect often vary across different sectors and groups during the policy transmission process. This characteristic also brings more practical factors that need to be considered for the subsequent adjustment and optimization of policies.
19:04
The Federal Reserve lowers its GDP growth and unemployment rate forecasts, while raising its inflation and interest rate expectations.
The Federal Reserve has lowered its GDP growth and unemployment rate forecasts for this year, significantly raised its PCE and core PCE inflation expectations for this year and next, and also increased its federal funds rate projections for the next three years.
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