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#Fed Chair Jerome Powell
•If the economy remains strong and inflation does not head toward the 2% target, we can maintain the tight policy stance for a longer period.
•There is no need to rush to adjust policy.
•Unemployment is low and stable.
•The Fed will complete its framework review by the end of the summer.
•The framework review will not focus on the inflation target.
•The US economy is generally strong.
•Policy is well positioned to deal with risks and uncertainties...!