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TechFlow, April 4 — According to Jinshi News, Federal Reserve Chair Powell stated that the Fed is fully focused on achieving the dual mandate objectives assigned by Congress: maximum employment and price stability. Despite high uncertainty and rising downside risks, the economy remains in good shape. Incoming data show solid economic growth, a balanced labor market, and inflation closer to—but still above—our 2% target.
According to Jinshi, Federal Reserve Chair Powell stated that the Fed is fully focused on achieving the dual mandate objectives assigned by Congress—maximizing employment and price stability. Despite high uncertainty and rising downside risks, the economy remains in good shape. Incoming data show solid economic growth, a balanced labor market, and inflation closer to—but still above—our 2% target.
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