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2024-09-25 Wednesday

  • 02:47:28

    Former US President Trump said he was very willing to take the cognitive test.

  • 02:43:50

    Federal Reserve Chairman Powell: The policy interest rate will be lowered as early as September.

  • 02:42:04

    Federal Reserve Chairman Powell: Considering the economic situation, different scenarios can be imagined, ranging from zero to multiple rate cuts.

  • 02:40:31

    Federal Reserve Chairman Powell: The path ahead will depend on the economic situation.

  • 02:40:27

    Federal Reserve Chairman Powell: We hope to see more good data to boost confidence.

  • 02:37:46

    Federal Reserve Chairman Powell: The key question is whether all the data are consistent with the trend of rising confidence in inflation and employment.

  • 02:37:34

    Federal Reserve Chairman Powell: We rely on data, but not on a single data point.

  • 02:37:21

    Federal Reserve Chairman Powell: We have not made any decisions about future meetings.

  • 02:37:03

    Federal Reserve Chairman Powell: We will carefully evaluate future decision-making data.

  • 02:36:49

    Federal Reserve Chairman Powell: Cutting interest rates too late could unduly weaken the economy.

  • 02:36:36

    Federal Reserve Chairman Powell: Cutting interest rates too early could reverse the improvement in inflation.

  • 02:36:12

    Federal Reserve Chairman Powell: If the economy remains sound, interest rates will remain unchanged as needed.

  • 02:35:47

    Federal Reserve Chairman Powell: Monetary policy will be adjusted as the economy develops.

  • 02:35:13

    Fed Chairman Powell: Pay attention to the risks on both sides of the dual mandate. We need to have greater confidence in inflation. The second quarter inflation data has strengthened confidence in inflation.

  • 02:33:59

    The S&P 500 and Nasdaq 100 rose to session highs as Federal Reserve Chairman Jerome Powell spoke.

  • 02:33:39

    Federal Reserve Chairman Powell: Long-term inflation expectations appear to remain stable.

  • 02:33:33

    Federal Reserve Chairman Powell: Inflation is still slightly above the 2% target.

  • 02:32:56

    Federal Reserve Chairman Powell: Improved supply conditions support resilient demand.

  • 02:32:39

    Federal Reserve Chairman Powell: Unemployment remains low.

  • 02:32:25

    Federal Reserve Chairman Powell: Recent indicators show that the economy continues to expand at a steady pace.

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