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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-03 05:56:29

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Cautious on Rate Cuts as Inflation Cools Again ...

Federal Reserve Chair Powell Cautious on Rate Cuts as Inflation Cools Again
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#504cefd6 ver:1.35

Federal Reserve Chair Jerome Powell cautious on rate cuts as inflation cools again. Powell emphasizes need for more evidence before lowering rates, highlighting delicate balance between taming inflation and avoiding labor market deterioration. Some Fed officials express concern about labor market. US economy resilient but signs of impact from restrictive Fed policy. #Fed #inflation #economy...

#newstr #FederalReserve #InterestRates #Inflation #JeromePowell

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