Jerome Powell: Dissenters on monetary policy are not necessarily in favor of raising interest rates
Svmuu News: Federal Reserve Chairman Powell stated at a press conference that, although some voted against maintaining the dovish stance wording in the statement during the latest monetary policy meeting, he believes officials are not inclined to raise interest rates. Powell said, "People are not saying we need to raise rates now. The discussion is more about whether the Fed should maintain a neutral stance on the policy outlook." (Jin Ten)
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