A post by @FirstSquawk on X.
FED’S PAULSON SAYS SLOW RATE INCREASES HAVE ALLOWED THE ECONOMY TIME TO ADAPT AND GIVEN OFFICIALS ROOM TO ASSESS THE IMPACT
@FirstSquawk on X
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Fed’s Paulson said gradual rate increases have given the economy time to adapt and allowed officials room to assess the impact. The remarks signal continued support for a slow, data-dependent approach to tightening rather than a rapid series of hikes. The comments matter because they shape expectations for the pace of future policy moves and how much flexibility the central bank retains. Investors will watch upcoming economic data and Fed communications for confirmation that the gradual path remains intact.
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Paulson, Federal Reserve