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Wall Street professionals remain uncertain as markets continue to confound /
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2024-07-15 18:03:14

Wall Street professionals remain uncertain as markets continue to confound on Nostr: Federal Reserve Chair Powell Indicates Rate Cut Before Inflation Hits 2% ...

Federal Reserve Chair Powell Indicates Rate Cut Before Inflation Hits 2%
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Federal Reserve Chair Jerome Powell indicates that the central bank will not wait for inflation to hit 2% before cutting interest rates. The Fed is looking for greater confidence that inflation will return to the target level. Rate cuts are expected in September, with some predicting a cut as early as the next meeting. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #MonetaryPolicy

https://here.news/story/df25ce9f?ver=0.53
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