- Powell speech: We need to move away from highly stimulative monetary policy settings
Market news
2 March 2022
Powell speech: We need to move away from highly stimulative monetary policy settings
Fed Chair Jerome Powell, speaking before Congress on the first day of his semi-annual testimony, said that it is time to move away from highly stimulative monetary policy settings, reported Reuters. Monetary policy cannot address supply-side challenges and constrains, Powell added.
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