Prospect of U.S. comfortable touchdown stays alive

Feb 1 (Reuters) – Federal Reserve Chair Jerome Powell stated on Wednesday that his hopes for an financial comfortable touchdown, regardless of very aggressive rate of interest rises, stay alive.

“I proceed to assume there’s a path to getting inflation again to 2% with no important financial decline or important improve in unemployment,” Powell stated in his press convention following the Fed’s coverage determination. (Reporting by Michael S. Derby; Enhancing by Leslie Adler)