Powell: Downside risks have risen, but the economy is still in good condition
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2025-04-05 00:03 9,702
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Golden Finance reported that Federal Reserve Chairman Powell spoke on the economic outlook, saying that the Federal Reserve is completely focused on achieving the dual mission goal entrusted to us by Congress, namely maximizing employment and stabilizing prices. Despite the high uncertainty and the downside risks have also risen, the economy is still in good shape. Upcoming data show that economic growth is solid, the labor market remains balanced, and inflation is closer but still higher than our 2% target.