#MetaplanetBTCPurchase
Jerome Powell, the Federal Reserve Chair, has made significant remarks on interest rates and the economy. Here are some key takeaways ¹ ²:
- *Interest Rates*: Powell set a high bar for future rate hikes, emphasizing the need for persuasive evidence that current policies aren't restrictive enough to drive down inflation to 2%.
- *Economic Outlook*: The Fed expects economic growth to slow down, with projections at 2.1% growth and 2.8% core inflation.