Powell: There are many future interest rate paths
According to online reports, Federal Reserve Chairman Powell said in his testimony before Congress that there may be many future interest rate paths. Inflation may not be as strong as expected. If this is the case, it is recommended to cut interest rates as soon as possible; if the labor market is weak, it is also recommended to cut interest rates as soon as possible. However, if inflation and the labor market perform strongly, interest rates may be delayed.
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