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Federal Reserve Chairman Jerome Powell says monetary policy stance is appropriate - AxiosThis site uses cookies to enhance your reading experience. By using this site, you consent to our use of cookies.Okay
Fed chair Jerome Powell said the Fed’s monetary policy stance is appropriate, for now, though he noted in a speech [1]Monday night the central bank is not on a “preset course.”
Why it matters: It was Powell's final public remarks — and the last opportunity to recalibrate market expectations[2] — before the Fed enters its "quiet period" ahead of the next interest rate decision.