Fed’s Powell: Inflation still on the way to 2%

FXStreet — The Governor of the Federal Reserve, and Jerome Powell said in a television interview with CNBC that he will consider that Inflation is moving in the direction of the target value of 2 percent.

Tax cuts would affect the U.S. economy in the next year.

We are watching inflation developments very carefully.

We are well on the way to a higher Inflation, in particular due to the consumer and job data.

** FXStreet News Editorial, FXStreet**

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