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TechFlow news: Federal Reserve Chair Powell said in a speech that U.S. PPI data is actually quite mixed, and from many perspectives, the policy rate is already restrictive. He does not think the next move could be a rate hike, and it is more likely to keep the policy rate at current levels.
Federal Reserve Chair Powell said in a speech that the U.S. PPI data was actually quite mixed, and from many perspectives, the policy rate is restrictive. He does not see the next move as likely being a rate hike, but rather more likely keeping the policy rate at its current level.
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