Powell: Economy Shows Impressive Resilience, Sole Focus Is 2% Inflation Rate

BlockBeats News, July 30th, Federal Reserve Chair Powell stated that the atmosphere of the policy meeting was amicable. The economy has shown impressive resilience. The committee avoided making predictions.

The committee is firmly committed to achieving price stability. There is no soft inflation target. The sole goal is a 2% inflation rate. (IG)

Source: BlockBeats

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