Fed’s Powell States Policy Will Shift to Neutral Stance ‘Over Time’

Federal Reserve Chair Jerome Powell stated that the central bank’s policy is aimed at gradually transitioning to a neutral stance. He emphasized that this process will take time and will be carefully assessed based on economic conditions. Powell’s remarks suggest a cautious approach to monetary policy, indicating that the Fed plans to adapt its strategies in response to evolving economic indicators. The goal is to achieve a balance that supports sustainable economic growth while maintaining control over inflation.