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

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1. It sounds like Jerome Powell is emphasizing a careful and measured approach to monetary policy despite ongoing economic pressures. In times of uncertainty, a cautious stance might help prevent any unintended consequences that could arise from rapid rate changes. It’s crucial for the Fed to balance inflation control with economic growth and employment. What are your thoughts on how this approach might impact the markets or consumers in the near term?

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