‘We do not need to be in a hurry’: Powell reiterates cautious Fed rate stance with US lawmakers

One response

1. It’s encouraging to see Fed Chair Powell emphasizing a cautious approach to interest rate decisions. Given the uncertainties surrounding the economy, taking the time to assess data and potential impacts is crucial. This measured stance can help avoid unintended consequences that might arise from hasty decisions. It’s important for both lawmakers and the public to understand that a thoughtful approach can support long-term economic stability rather than simply reacting to short-term pressures. Balancing growth while keeping inflation in check is a delicate task, and patience may be key to achieving that balance.

   Log in to Reply