Fed Chairman Powell: Keep interest rates at current levels and wait for evidence of further reduction in inflation

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ODAILY
02-13
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Odaily reports that Federal Reserve Chairman Powell stated that we will keep interest rates at current levels and wait for further evidence of lower inflation. Long-term interest rates have risen, but this is not related to inflation, and the Federal Reserve will work to ensure that stricter regulatory measures gradually extend from large banks to small banks. If the Consumer Financial Protection Bureau (CFPB) is dissolved, there will be no federal regulatory agency to review consumer protection at large banks. (<金十>)

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