On the afternoon of June 18, in the Eastern time, Jerome Powell, the Chairman of the Federal Reserve, held a press conference. The event was live-streamed by New Tang Dynasty and Epoch Times with real-time translated subtitles.
For the viewers who missed the live broadcast, please find the replay links below:
Epoch Times:
New Tang Dynasty:
Clean World:
https://www.ganjingworld.com/live/1hnrbuib1id2s82KQSwijz2Vs1t71c
During the press conference, Powell addressed various key issues concerning the US economy, such as inflation rates, monetary policy, and growth forecasts. His remarks provided insights into the Federal Reserve’s strategies and decisions moving forward.
One of the main highlights of the conference was Powell’s announcement regarding interest rates. He emphasized the Fed’s commitment to maintaining a balanced approach towards supporting economic recovery while keeping inflation in check.
Moreover, Powell discussed the importance of addressing unemployment challenges and reiterated the Fed’s dedication to supporting job creation initiatives across various sectors.
The press conference also delved into global economic trends and their impact on the US market. Powell shared his perspectives on international trade relations, exchange rate fluctuations, and the interconnectedness of economies worldwide.
In addition to his economic analyses, Powell fielded questions from journalists and attendees on a range of topics, shedding light on the Federal Reserve’s stance on regulatory policies and future monetary actions.
Overall, the press conference provided valuable insights into the Federal Reserve’s outlook and strategies in navigating the complex economic landscape, offering stakeholders and the public a deeper understanding of the factors shaping the US financial system.