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The Federal Reserve (FED) Chairman Powell: No comments on the outlook or monetary policy; April PCE may be around 2.2%.
Odaily News The Federal Reserve (FED) Chairman Powell stated that he would not comment on the outlook or monetary policy; the April PCE may be around 2.2%, and he is considering revising the communication content of the Federal Reserve, given the level of inflation, the idea of moderate overshooting of inflation after economic weakness has become irrelevant. (Jin10)