Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Inflation Cools Again, Fed Chair Powell Cautious on Rate Cuts =============== ...
US Inflation Cools Again, Fed Chair Powell Cautious on Rate Cuts
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#504cefd6 ver:1.36
US inflation is cooling, but the Federal Reserve wants more evidence before considering rate cuts. Fed Chair Powell emphasized the need to strike the right balance in monetary policy. Some officials believe a rate cut may be necessary, while others remain wary. The timing of rate cuts is uncertain, but the risks to inflation and employment goals have come closer to balance. The June ISM manufacturing data fell short of expectations, reigniting speculation about a potential rate cut. Powell stressed the US' unsustainable debt path and urged policymakers to prioritize fiscal sustainability. #inflation #Fed #interestrates...
#newstr #UsInflation #FederalReserve #InterestRates #JeromePowell
https://here.news/story/504cefd6?ver=1.36
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#504cefd6 ver:1.36
US inflation is cooling, but the Federal Reserve wants more evidence before considering rate cuts. Fed Chair Powell emphasized the need to strike the right balance in monetary policy. Some officials believe a rate cut may be necessary, while others remain wary. The timing of rate cuts is uncertain, but the risks to inflation and employment goals have come closer to balance. The June ISM manufacturing data fell short of expectations, reigniting speculation about a potential rate cut. Powell stressed the US' unsustainable debt path and urged policymakers to prioritize fiscal sustainability. #inflation #Fed #interestrates...
#newstr #UsInflation #FederalReserve #InterestRates #JeromePowell
https://here.news/story/504cefd6?ver=1.36