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🟨LABOR MARKET STRONG, INFLATION CONTROLLED

🟨LABOR MARKET STRONG, INFLATION CONTROLLED

Giorno: 09 luglio | Ora: 16:21 Federal Reserve Chairman Powell has stated that the labor market is strong but not overheating. Inflation is not the only risk we must face and new positive data will increase confidence in inflation. Inflation has slowed down but remains above the 2% target. Before the Fed has full confidence in inflation approaching 2%, a rate cut policy will not be appropriate. The Fed will continue to make gradual decisions. Source