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14:56
Powell: Tariffs Have Increased Inflation by 0.5 to 1 Percentage Point
ChainCatcher news, according to Golden Ten Data, Federal Reserve Chairman Powell stated that inflation caused by tariffs is a one-time price increase, which will raise the inflation rate by 0.5 to 1 percentage points.
14:51
Powell: Policy is currently in a good place; can wait and watch how the situation evolves
BlockBeats News, March 30th, Federal Reserve Chairman Powell stated that there is a tension between the Federal Reserve's dual mandates. Tariff-induced inflation is a one-time price increase that will push inflation up by 0.5 to 1 percentage point. The situation in the Middle East impacts oil prices; policy is currently in a favorable position, and it is possible to wait and see how the current situation develops. There is a tendency to ignore supply shocks but must pay attention to inflation expectations. (FXStreet)
14:50
Powell: Purchasing long-term assets helps lower interest rates and supports the economy
According to Golden Ten Data, ChainCatcher reported that Federal Reserve Chairman Powell stated that overall, research tends to indicate that purchasing long-term assets lowers interest rates and supports the economy.
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