- Current rate fits with ‘solid’ jobs market and above-target inflation
- There is a lot of uncertainty in economy and policy right now
- Expects growth to slow in part due to lower immigration
- Economic data has been sending mixed signals
- Data shows that the public believes near-term inflation will dissipate
- Hard to know how economy is going to perform, many different paths possible
This doesn’t say much that Powell didn’t say.
This article was written by Adam Button at www.forexlive.com.
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