Powell Says Achieving ‘Substantial Further Progress’ a Ways Off<blockquote>鲍威尔表示实现“实质性的进一步进展”还有很长的路要走</blockquote>
-- Federal Reserve Chair Jerome Powell said the U.S. economic recovery still hasn’t progressed enough to begin scaling back the central bank’s massive monthly asset purchases, while adding that inflation is likely to remain high in coming months before moderating.“At our June meeting, the committee discussed the economy’s progress toward our goals since we adopted our asset purchase guidance last December,” Powell said Wednesday in remarks prepared for delivery before the House Financial Servic