fbevents
로고와 STAT 라이브
STAT 라이브

Powell: "Inflation is high, but moving in the desired direction"

Source
JH Kim
공유하기
  • Jerome Powell, the Chair of the Federal Reserve, stated that 'inflation' is still high but moving in the desired direction.
  • He mentioned that the United States economy is generally maintaining its strength, and the overheating of the labor market has eased.
  • He added that the GDP growth rate is expected to exceed 2% in 2024.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Jerome Powell, the Chair of the Federal Reserve, stated at a press conference following the FOMC on the 29th (local time) that "it is true that inflation is still high, but it is moving in the direction we want," and added, "We are closer to our target, but it is still slightly high."

He continued, "The United States economy is generally maintaining its strength. The overheating of the labor market has eased and remains solid," adding, "We expect GDP to exceed 2% in 2024."

publisher img

JH KimholderBadgeholderBadge dark

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