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Powell: Inflation pullback is widening
Bitget2024/07/31 19:12
On 1 August, Federal Reserve Chairman Jerome Powell said that the overall picture of declining inflationary pressures is good. This is a broader pullback in inflation, and the slowdown has shifted from commodity prices to non-housing services and housing factors.
When talking about the hope that inflation will slow to 2 per cent, Powell said that confidence is growing because we are getting good data.
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