Powell: The inflation rate has been above the target for five years and needs to stabilize expectations
By: rootdata|2026/03/19 04:48:19
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According to Jinshi reports, Federal Reserve Chairman Powell stated that the inflation rate has been above the target level for five years, and he is concerned that some kind of shock could disrupt inflation expectations. He emphasized that the Federal Reserve is very committed to stabilizing inflation expectations at 2%.
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