Confounding US economic, inflation data muddy Fed’s rate path on Nostr: Federal Reserve Chair Holds News Conference and Announces Interest Rate Hike ...
Federal Reserve Chair Holds News Conference and Announces Interest Rate Hike
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#2140b79c ver:0.38
Federal Reserve Chair Jerome Powell surprises markets with a half-point interest rate hike, stating that the US economy is not in a recession and cutting rates doesn't make sense. Experts anticipated no rate cut due to high inflation and economic concerns. The decision is unlikely to have a significant impact on the markets. #FederalReserve #InterestRateHike #USeconomy...
#newstr #FederalReserve #JeromePowell #InterestRates #RateHike #FomcMeeting
https://here.news/story/2140b79c?ver=0.38
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#2140b79c ver:0.38
Federal Reserve Chair Jerome Powell surprises markets with a half-point interest rate hike, stating that the US economy is not in a recession and cutting rates doesn't make sense. Experts anticipated no rate cut due to high inflation and economic concerns. The decision is unlikely to have a significant impact on the markets. #FederalReserve #InterestRateHike #USeconomy...
#newstr #FederalReserve #JeromePowell #InterestRates #RateHike #FomcMeeting
https://here.news/story/2140b79c?ver=0.38