Federal Reserve Chair Powell: Has Abandoned Forward Guidance

BlockBeats News: On June 18, Federal Reserve Chair Wosh said, “We have already abandoned forward guidance and are unable to provide any forward-looking guidance on our next steps. The dot plot is drawn with a pencil and can be erased. It is expected that by the end of the year, there will be a comprehensive review of communication methods, including press conferences, the dot plot, and meeting arrangements.” (Jinshi)
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