92 Days
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الاقتصادية
Voresh starts first international test on interest rate signals
Jerome Powell, Chairman of the U.S. Federal Reserve, made his first international appearance at the European Central Bank forum in Sintra, where he discussed inflation challenges and the stance of central banks worldwide. His firm position followed previous statements about restoring inflation to 2%, emphasizing the need to reduce market dependence on forward guidance, thereby giving the bank greater flexibility. The meeting also addressed differences among central banks regarding interest rate policies, with Powell reaffirming the importance of the central bank's independence and warning against the expansion of the Federal Reserve's responsibilities.
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