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Powell: Fed Abandons 2020 Flexible Inflation Target Framework, Cannot Take Stable Inflation Expectations for Granted

By: theblockbeats.news|2025/08/22 14:11:39

BlockBeats News, August 22, Fed Chairman Powell said at the Jackson Hole Symposium that the Fed is abandoning the 2020 flexible average inflation targeting framework. We cannot take stable inflation expectations for granted, and the impact of tariffs on consumer prices is now clearly visible.

After Powell's Speech, Traders Fully Price In Two Rate Cuts by Fed Before Year-End

Affected by Powell's Speech, Mainstream Cryptocurrencies Experience a Short-term Surge, with Bitcoin Breaking $114,000 and Ethereum Breaking $4,400