Powell: Before the next Intrerest Rate decision, will follow the labor market, rise data, and inflation data.

On September 24, Fed Chairman Powell stated that the latest Fed Beige Book showed a unified trend of moderate rise in the national economy, but uncertainty still exists. The labor market has slowed down this summer. Employment and inflation risks require different responses, and the Fed must find a balance. Attention to inflation should be moderate to achieve a more balanced approach. Before the next interest rate decision, attention will be paid to the labor market, rise data, and inflation data to assess whether the policy is in place. (Jin10)

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