Powell: This is not a period of heightened financial stability risks
BlockBeats News, on September 24, Federal Reserve Chairman Jerome Powell stated that this is not a period of heightened financial stability risks. If policy is not in the right place, action will be taken to adjust it accordingly. "The Federal Reserve is watching the financial markets, but our focus is on our dual mandate."
Currently, banks are well-capitalized and households are in good condition. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket confirms restructuring with layoffs and the termination of some contractor partnerships
BUZZ-Preview: Nebius shares soar as investors focus on AI demand
AI Selloff Sends Berkshire to Its Biggest S&P 500 Lead Since 2010: Can It Last?
Market Chatter: Nomura Exploring Sale of Crypto Business
Crypto prices
More
