- Fed's powell says U.S. central bank's policy committee will strike balance between avoiding overheated economy and moving inflation to 2 pct target on a sustained basis
Market news
27 February 2018
Fed's powell says U.S. central bank's policy committee will strike balance between avoiding overheated economy and moving inflation to 2 pct target on a sustained basis
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Financial conditions remain accommodative despite recent financial volatility
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Higher monthly inflation readings toward end of last year were consistent with view that shortfall was transitory
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Fed still sees some of last year's inflation shortfall as reflecting transitory influences not expected to be repeated
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