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BlogsFed Chair Powell says focus remains on dual mandate, we are committed to bringing inflation back down to 2%

Federal Reserve hikes rates by 25bps to 5.00-5.25% as expected, opens door to rate hike pause, drops language it anticipates more policy firming may be appropriate to attain sufficiently restrictive stanceFed Chair Powell says activity in housing sector remains weak, labour market remains very tight, there are some signs that supply and demand in labour market are coming back into better balance, nominal wage growth has shown some signs of easing

Darren Krett

Wednesday 3 May 2023

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Fed Chair Powell says activity in housing sector remains weak, labour market remains very tight, there are some signs that supply and demand in labour market are coming back into better balance, nominal wage growth has shown some signs of easing facebookFed Chair Powell says activity in housing sector remains weak, labour market remains very tight, there are some signs that supply and demand in labour market are coming back into better balance, nominal wage growth has shown some signs of easing twitterFed Chair Powell says activity in housing sector remains weak, labour market remains very tight, there are some signs that supply and demand in labour market are coming back into better balance, nominal wage growth has shown some signs of easing linkedin

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Fed Chair Powell says focus remains on dual mandate, we are committed to bringing inflation back down to 2%

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