Powell speech: Will likely have to maintain restrictive stance for some time – by eren_fxstreet Fed CentralBanks
after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 4.5-4.75% following the first policy meeting of 2023."We have covered a lot of ground, full effects yet to be felt.""We continue to anticipate ongoing increases will be appropriate to get to sufficiently restrictive stance.""Economy slowed significantly last year."Information on these pages contains forward-looking statements that involve risks and uncertainties.
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