Tuesday , August 16 2022

The Federal Reserve Chairman will continue to raise financial interest – the correct location of financial news


The president of the Federal Reserve Bank of the United States, Jerome Powell, said that after the criticism from US President Donald Tramp, he will continue to pursue a policy of interest rate rising. Powell told the conference in New York that interest rates are still low. Gradually, the rate rates are unknown, and it can take a year or more to see them.


"The Federal Reserve Committee (FOMC) and the Federal Reserve Committee (FOMC) are planning to gradually increase the country's economy," Powell said. Financial weaknesses are moderate. Financial stability is no longer needed for monetary policy. It is very dangerous to assess. "

"As always, the decisions of our monetary policy will be developed to save the economy," Pow Powel said.

Federal Reserve Bank increased interest rates three times this year. It is expected that interest rates will rise again in December after Powell's statement.
According to the FOD President Powell, the Dow Jones Index has reached 500. In the middle of the day, markets responded promptly to Powell's announcement that the market would have a slight increase in interest rates. (IHA)

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