Financials Jan 27, 2022 08:09 AM (GMT+8) · EqualOcean
On January 27, Beijing time, when answering a reporter's question, Federal Reserve Chairman Powell said that the Federal Reserve has a lot of room to raise interest rates. It plans to start raising interest rates in March. The range of interest rate increase is uncertain, and it is not excluded from raising interest rates at every interest rate meeting. Powell said that monetary policy needs to be "flexible". Considering inflation and employment, the US economy no longer needs sustained high-level support. As inflation intensifies and the labor market is strong, the Fed will continue to adjust its policy.