Confounding US economic, inflation data muddy Fed’s rate path on Nostr: Powell's Stance: Fed to Maintain Higher-for-Longer Path =============== #2140b79c ...
Powell's Stance: Fed to Maintain Higher-for-Longer Path
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#2140b79c ver:0.19
Federal Reserve Chair Jerome Powell is expected to maintain higher interest rates for an extended period due to inflation concerns and labor market strength. This delays anticipated rate cuts until at least September, impacting market stability. However, interest in Bitcoin as an inflation hedge continues to grow amidst economic uncertainties. The recent GDP report highlights the underlying strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Their decisions will be data-driven, focusing on declining inflation trends and economic resilience. #Fed #InterestRates #Bitcoin #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #UsEconomy #Inflation #Bitcoin
https://here.news/story/2140b79c?ver=0.19
===============
#2140b79c ver:0.19
Federal Reserve Chair Jerome Powell is expected to maintain higher interest rates for an extended period due to inflation concerns and labor market strength. This delays anticipated rate cuts until at least September, impacting market stability. However, interest in Bitcoin as an inflation hedge continues to grow amidst economic uncertainties. The recent GDP report highlights the underlying strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Their decisions will be data-driven, focusing on declining inflation trends and economic resilience. #Fed #InterestRates #Bitcoin #Inflation #Economy...
#newstr #FederalReserve #JeromePowell #UsEconomy #Inflation #Bitcoin
https://here.news/story/2140b79c?ver=0.19