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TechFlow news, April 4 — According to Jinshi reports, Federal Reserve Chair Powell delivered a speech on the economic outlook, stating that the unemployment rate remains low and the labor market is not a source of inflation. Sluggish economic growth and rising inflation offset each other, leading the Fed to maintain its expectation of two rate cuts in 2025.
According to Jinshi, Federal Reserve Chair Powell stated that the unemployment rate remains low and the labor market is not a source of inflation. Sluggish economic growth and rising inflation offset each other, leading the Fed to maintain its expectation of two rate cuts in 2025.
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