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Federal Reserve Chairperson Jerome Powell: The road to achieving the 2% inflation target will be bumpy; the Federal Reserve will not overreact to one or two economic data that are above or below expectations.

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2025-03-07 17:32:49
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Federal Reserve Chairperson Jerome Powell: The road to achieving the 2% inflation target will be bumpy; the Federal Reserve will not overreact to one or two economic data that are above or below expectations.
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U.S. short-term interest rate futures continue to bet that the Federal Reserve will cut rates in June and predict a total of three rate cuts in 2025, after Powell said the central bank did not need to rush into action.
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Federal Reserve Chairperson Jerome Powell: Federal Reserve policy is not fixed; it can remain restrictive if inflation progress stalls, or it can ease policy if the labor market is unexpectedly weak or inflation falls more than expected.

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