Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Chair Powell Poised to Keep Interest Rates High for Longer ...
US Federal Reserve Chair Powell Poised to Keep Interest Rates High for Longer
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#2140b79c ver:0.23
US Federal Reserve Chair Powell is expected to maintain high interest rates for longer due to inflation concerns and labor market strength. This has sparked interest in Bitcoin as a hedge against inflation and fiscal uncertainties. The Fed's decision to postpone rate cuts has caused market instability for cryptocurrencies, but the overall cryptocurrency market continues to expand. The recent GDP report highlights the underlying strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Powell's upcoming remarks will be closely watched for clues on the Fed's rate path. #FederalReserve #InterestRates #Bitcoin #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #InterestRates #Inflation #LaborMarket #RateCuts #GdpReport #Fomc
https://here.news/story/2140b79c?ver=0.23
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#2140b79c ver:0.23
US Federal Reserve Chair Powell is expected to maintain high interest rates for longer due to inflation concerns and labor market strength. This has sparked interest in Bitcoin as a hedge against inflation and fiscal uncertainties. The Fed's decision to postpone rate cuts has caused market instability for cryptocurrencies, but the overall cryptocurrency market continues to expand. The recent GDP report highlights the underlying strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Powell's upcoming remarks will be closely watched for clues on the Fed's rate path. #FederalReserve #InterestRates #Bitcoin #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #InterestRates #Inflation #LaborMarket #RateCuts #GdpReport #Fomc
https://here.news/story/2140b79c?ver=0.23