Fed Chairman Powell: The traditional way to deal with inflation is to raise interest rates

2021-4-9 00:36
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According to the Golden Ten report, Fed Chairman Powell said a one-time rate hike was not another rate hike. The United States has experienced low inflation for 25 years, and low inflation has always been important. Don't expect higher prices because of the tight supply. High inflation should be temporary and the Fed has the tools to control inflation. We will be very attentive to the financial perspectives. The modern way to prevent inflation is to increase interest rates.

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2021-4-9 00:33