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Powell: Today’s inflation print shows we’re close but not there yet on inflation

February 12, 2025 at 04:11PM
I mean, it kinda shows they’re headed in the wrong direction but his comments show he’s not worried.

We want to keep policy restrictive for now

We have to wait and see what the effects of policies are before we can think about what we will do

There is uncertainty over policy

Underlying economy is very strong

This article was written by Adam Button at www.forexlive.com.

Powell: Today’s inflation print shows we’re close but not there yet on inflation