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Federal Reserve Chairman Powell: Monetary policy still needs to 'moderately limit' the economy

星球日报
星球日报|Jun 18, 2025 19:18
Odaily Planet Daily News: Federal Reserve Chairman Powell stated at a press conference that, given the current inflation situation, monetary policy still needs to impose some restrictions on the economy. The current interest rate level is not very high. The current policy can be described as moderate or moderate tightening, and may now lean towards "moderate restrictive" measures. He added, "If you look at the current economic performance, you will find that its performance does not seem to be experiencing a 'very tight monetary policy'
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Timeline

Jul 17, 22:23【Legislators will accuse Powell of perjury】
Jul 17, 21:28【Powell responds to the renovation of the Federal Reserve building】
Jul 16, 22:06【The process of replacing Federal Reserve Chairman Jerome Powell is underway】
Jul 16, 21:02【The passage of the encryption bill and the hype surrounding Powell's resignation】
Jul 16, 16:27【News of Powell's sudden resignation】
Jul 16, 14:09【Scott Besant confirms that the operation to replace Powell is underway】
Jul 16, 10:12【Federal Reserve Chairman Jerome Powell to be fired】
Jul 16, 06:28【Federal Reserve Chairman Powell is about to be fired】
Jul 16, 00:00【Monetary policy needs to continue to tighten for a period of time】
Jul 15, 17:00【The formal process of finding Jerome Powell's successor has begun】

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