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Posted by
Two Blokes Jun 18 -
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#TwoBlokesTrading
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Federal Reserve Chair Jerome Powell said the US central bank will remain patient on interest rates as it monitors inflation and trade developments, with recent tariff moves and shifting export patterns adding complexity to the economic outlook. “Near-term inflation expectations have moved up, tariffs [are] a driving factor,” Powell said at a news conference following the Fed's decision to keep its benchmark rate unchanged.
