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TechFlow news, according to Jinshi report, Federal Reserve Chair Powell said the Fed has made considerable progress on inflation and does not need inflation to fall below 2% before cutting rates. In addition, Powell noted that while inflation has declined, prices remain high.
According to Jinshi, Federal Reserve Chair Powell said the Fed has made considerable progress on inflation and does not need inflation to fall below 2% before cutting interest rates. In addition, Powell noted that while inflation has declined, prices remain high.
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