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Powell: The Fed does not need to rush to adjust interest rates "

Internet reports that Federal Reserve Chairman Powell said that the potential inflation situation is good, the Federal Reserve does not need to rush to adjust interest rates, the cost of waiting is quite low, and the Federal Reserve's policies are moderately restrictive. In some cases, it is appropriate to cut interest rates this year, and in some cases it is inappropriate to cut interest rates. We cannot confidently say that we know the right interest rate path. He also said that if there is a contradiction between the dual goals, the distance between the goals and the time to bridge the gap should be considered. As events unfold, the Fed can act quickly if the time is right.

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