Powell: More measures will be taken to reduce inflation if the economy performs better than expected.
BlockBeats reported on September 21 that Federal Reserve Chairman Powell stated that any decision regarding future interest rate cuts will be based on economic needs. It is a good thing for the economy to remain stable under rising interest rates.
If the economy performs stronger than expected, it means that we will have to take more measures to lower inflation. The risk of an economic downturn caused by interest rate hikes is always a concern. (Jin10)