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TechFlow news, Federal Reserve Chair Powell said: "We do not consider politics. The Fed is unlikely to have confidence in cutting rates in March. Acting too early (cutting rates) could lead to inflation remaining above 2%. If we see a weakening labor market or inflation 'truly and convincingly' declining, we might act earlier." (Jinshi)
Federal Reserve Chair Powell said: "We don't consider politics. The Fed is unlikely to have confidence in cutting rates in March. Acting too early (cutting rates) could result in inflation staying above 2%. If we see a weakening labor market or inflation 'truly convincingly' declining, we might act earlier." (Jinshi)
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