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flag Federal Reserve Chair Powell signals no rush to lower interest rates, citing strong economy and above-target inflation.

flag Federal Reserve Chair Jerome Powell stated that the U.S. central bank is not in a hurry to lower interest rates, as the economy remains strong with a solid job market and inflation still above the 2% target. flag Powell emphasized patience in adjusting monetary policy and mentioned a review of the Fed's policy strategies and communication tools, while reiterating the Fed's independence from politics. flag The central bank's key interest rate is expected to stay unchanged for at least a few months.

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