Fed Chairman Powell: An interest rate cut may be appropriate at some point this year
Federal Reserve Chairman Powell stated that it may be appropriate to lower interest rates at some point this year; we expect that lowering policy rates will be inappropriate until we have greater confidence that inflation will sustainably move towards 2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump token ‘sets the tone’ for new era
Trump’s token is setting the “tone” for crypto, Empire co-host Santiago Santos said
Is World Liberty Financial actually Trump’s strategic crypto reserve?
World Liberty Financial has been busy buying crypto ahead of its launch
D.O.G.E. comes into effect by order on Day 1 of Trump Office
Ripple vs SEC: John Deaton Says SEC Appeal Likely to Fail
Deaton believes that the appeal of the SEC is weak. In the past, Judge Torres decided that the SEC did not meet certain requirements.