Confounding US economic, inflation data muddy Fed’s rate path on Nostr: Federal Reserve Maintains Steady Rates Amid Stubborn Inflation =============== ...
Federal Reserve Maintains Steady Rates Amid Stubborn Inflation
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#2140b79c ver:0.25
Federal Reserve Chair Jerome Powell is expected to maintain steady interest rates due to concerns about inflation and the labor market. This has sparked interest in Bitcoin as a hedge against inflation. The Fed's decision to postpone rate cuts has caused market instability for cryptocurrencies, but the cryptocurrency market continues to expand. The recent GDP report highlights the strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Powell's upcoming comments will be closely analyzed for clues about future rate cuts. The Fed is likely to keep interest rates unchanged this week, and the chance of rate cuts has decreased. The debate for rate cuts is shifting to whether to cut them at all in 2024. The Fed's focus remains on achieving economic growth and price stability. #FederalReserve #interestrates #inflation #Bitcoin #GDP #economy...
#newstr #FederalReserve #JeromePowell #UsEconomy #Inflation #Bitcoin #InterestRates #RateCuts #FedRatecutDebate #InflationData
https://here.news/story/2140b79c?ver=0.25
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#2140b79c ver:0.25
Federal Reserve Chair Jerome Powell is expected to maintain steady interest rates due to concerns about inflation and the labor market. This has sparked interest in Bitcoin as a hedge against inflation. The Fed's decision to postpone rate cuts has caused market instability for cryptocurrencies, but the cryptocurrency market continues to expand. The recent GDP report highlights the strength of the US economy, and the Fed will prioritize inflation control before initiating rate cuts. Powell's upcoming comments will be closely analyzed for clues about future rate cuts. The Fed is likely to keep interest rates unchanged this week, and the chance of rate cuts has decreased. The debate for rate cuts is shifting to whether to cut them at all in 2024. The Fed's focus remains on achieving economic growth and price stability. #FederalReserve #interestrates #inflation #Bitcoin #GDP #economy...
#newstr #FederalReserve #JeromePowell #UsEconomy #Inflation #Bitcoin #InterestRates #RateCuts #FedRatecutDebate #InflationData
https://here.news/story/2140b79c?ver=0.25