Federal Reserve Chairman Powell said at a press conference: Almost all participants believe that further raising interest rates is appropriate. To understand "pause", we should not think that the suspension of interest rate hikes in June is a "skip". The consensus within the Fed is to slow down the pace of tightening slightly as the central bank gets closer to its interest rate target. He said the Fed was getting very close to restrictive interest rates.
In the future, decisions will continue to be made on a meeting-by-meeting basis, and the Fed has not yet made a decision on whether to raise interest rates in July. The Fed believes that inflation has eased, but the risk of upward inflation still exists. In addition, he believes that interest rate cuts should be considered only after several years.
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