Federal Reserve Chairman Powell: The addition of words on the “magnitude and timing” of interest rate adjustments to the FOMC statement indicates that the Federal Reserve is at or close to slowing down interest rate cuts. The slowdown in the pace of interest rate cuts reflects higher economic data this year; the slower pace of interest rate cuts next year reflects rising inflation expectations.
鲍威尔：FOMC声明中增加关于调整利率“幅度和时机”的措辞表明，美联储正处于或接近放缓降息的时刻
Powell: The addition of words about the “magnitude and timing” of interest rate adjustments to the FOMC statement indicates that the Federal Reserve is at or close to slowing down interest rate cuts
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