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Fed Chair Powell: Inflation Risks Have Eased in Recent Weeks, 2% Target Remains Commitment

2026-07-01 13:45:55

According to Fed Chair Powell via Jin10, on July 1, inflation expectations and inflation risks have declined in recent weeks. Powell reiterated the Federal Reserve's commitment to achieving price stability and bringing inflation to its 2% target. He stated: "Inflation expectations have moderated and inflation risks have declined. If anyone believes the Federal Reserve would be comfortable with inflation above 2%, they will be disappointed. We will ensure the U.S. achieves price stability."

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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