Powell reiterates that the Fed will be "patient" with the rates put forward by Investing.com

Investing.com – Federal Reserve Chairman Jerome Powell said Thursday again that the US central bank would be "patient" with the pace of global growth in domestic inflation decision-making on monetary policy. Powell reaffirms investor expectations of a gradual slowdown in interest rates.

Powell's cautious tone is another sign that the Fed is in no hurry to raise rates and only one day after the December release of the central bank, in which members cited the decline in the US dollar. Inflation, the deterioration of financial conditions and the slowdown in global growth as reasons for "patience in the face of tightening monetary policy"

which recovered from the intra-day fall, peaked at early afternoon after Powell's comments, but came back on negative ground soon after. , who entered his third week on Monday, but said that a prolonged stop would lead to a less clear picture of the economy to support monetary policy decisions. He also warned of the huge US debt, which amounted to about $ 21.9 billion, stating that he "was worried for her".

According to the president of the Fed, the Apple iPhone sales reduction alert (NASDAQ 🙂 shows that growth is slowing down in China, although the Chinese economy is expected still generate "solid growth" this year.