TechFlow News, March 30: According to JIN10 Data, Federal Reserve Chair Jerome Powell stated on Monday that although the current energy shock persists, longer-term inflation expectations appear stable, and the Fed has not yet needed to decide how to respond to the latest developments. Speaking at Harvard University, he said: “Inflation expectations beyond the short term appear to remain well anchored.” Regarding the energy shock linked to the conflict with Iran, he added: “We do not yet know its precise economic impact, but given that inflation has remained above the Fed’s 2% target for an extended period, we will closely monitor its effect on price pressures.”
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