Fed Chair Powell says there is no rush to adjust policy language, noting that economic data over the next 30 to 60 days could alter the outlook. Powell added that the most recent policy vote was closer than the one held in March.
Federal Reserve Chair Jerome Powell stated there is no immediate urgency to adjust policy language, noting that economic developments over the next 30 to 60 days could shift the outlook. Powell added that the latest policy decision was more closely contested than the previous one in March.
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