Powell Says Forecasts Are Conditional on Incoming Data
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(Updated - February 7, 2023 12:45 PM EST)
(Updated - February 7, 2023 12:43 PM EST)
Powell Says Message Was Disinflationary Process Has Begun but Has Long Way to Go
- Labor Market Extraordinarily Strong
- Probably Need to Do Further Interest-Rate Increases
- Anticipate Ongoing Rate Increases Are Appropriate
- Forecasts Are Conditional on Incoming Data
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