Data 10 September 19, Chairman of the Federal Reserve Powell said that Federal Reserve officials decided to reduce the degree of policy constraints, as officials increasingly believe that by adjusting policies, they can maintain a strong labor market while the economy grows and inflation continues to cool. Essentially, Powell means that this policy measure is to ensure that the economy achieves a so-called soft landing.
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The Fed has significantly cut interest rates, and Powell aims to achieve a soft landing
Data 10 September 19, Chairman of the Federal Reserve Powell said that Federal Reserve officials decided to reduce the degree of policy constraints, as officials increasingly believe that by adjusting policies, they can maintain a strong labor market while the economy grows and inflation continues to cool. Essentially, Powell means that this policy measure is to ensure that the economy achieves a so-called soft landing.