BBCNEWS Asia July 3, 2024
Fed Chairjerome Powell explained why central bankers were moving towards Holding Rates Higherfor longer. Economic rates higher for longer. Economic Activity Rates higherfor longer. Economic activity has been stronger than we expected, stronger than we expected, stronger than we expected, stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation go...
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