Fed Chair Powell Indicates Likely Adjustments to Interest Rate Projections

Reported 2 days ago

Federal Reserve Chair Jerome Powell suggested potential updates to the Fed's 'dot plot' during a conference in New York, emphasizing a review of the central bank's communication strategies and economic projections. This scrutiny comes as part of a broader policy assessment expected to conclude by summer's end and aims to enhance the effectiveness of monetary policy, drawing insights from global central bank practices.

Source: YAHOO

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