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Federal Reserve Chair Powell: The current policy stance is appropriate
Golden Finance reports that on April 30th, Federal Reserve Chair Jerome Powell stated that the current policy stance is appropriate and conducive to achieving the Fed’s policy objectives; the U.S. economy has maintained steady growth; employment growth is slow, with little change in the unemployment rate, and consumer spending remains resilient; developments in the Middle East situation bring high uncertainty; both dual mandates face risks, with long-term inflation expectations aligned with the 2% target.