Wash: Impressed with the overall economic performance
2026-08-28 23:18:25
According to CoinMeta, Federal Reserve Chairman Jerome Powell stated that he is impressed with the overall economic performance, and the economy seems to have strengthened. He added that one indicator of economic strength is its performance under pressure and shocks, and both the real economy and Wall Street have demonstrated remarkable resilience. Powell noted that under current market interest rates and the short-term policy rates that the Fed has maintained unchanged since December last year, there are almost no signs of policy constraints in the credit and lending markets. These remarks may lay the groundwork for the argument in favor of raising interest rates despite ongoing inflation. Although certain industries such as housing and agriculture are facing pressures, he believes that the overall financial situation is not restrictive.
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Source:Jin10 Data
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