evrimagaci.org on Nostr: Federal Reserve Poised To Cut Interest Rates Amid Market Optimism ========== The ...
Federal Reserve Poised To Cut Interest Rates Amid Market Optimism
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The Federal Reserve is expected to cut interest rates in December 2024; November's nonfarm payrolls report showed job growth of 227,000 jobs, exceeding expectations; previous month had only 36,000 jobs added; economist Joseph LaVorgna argues against immediate rate cuts, citing risks of speculative bubbles; Chris Rupkey supports a pause in rate adjustments; Jason Furman highlights inflation concerns with average hourly earnings rising; inflation measure for the Fed rose to 2.3% in October; GDP projected to grow 3.3% for Q4; Fed Chair Jerome Powell praises U.S. economy; Cleveland Fed President Beth Hammack emphasizes cautious monetary policy; upcoming consumer and producer pricing reports are crucial for Fed's decisions.
#FederalReserve #InterestRates #JobGrowth #Inflation #Economy #Gdp #MonetaryPolicy #Employment #FinancialMarkets #EconomicOutlook
https://evrimagaci.org/tpg/federal-reserve-poised-to-cut-interest-rates-amid-market-optimism-81215
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The Federal Reserve is expected to cut interest rates in December 2024; November's nonfarm payrolls report showed job growth of 227,000 jobs, exceeding expectations; previous month had only 36,000 jobs added; economist Joseph LaVorgna argues against immediate rate cuts, citing risks of speculative bubbles; Chris Rupkey supports a pause in rate adjustments; Jason Furman highlights inflation concerns with average hourly earnings rising; inflation measure for the Fed rose to 2.3% in October; GDP projected to grow 3.3% for Q4; Fed Chair Jerome Powell praises U.S. economy; Cleveland Fed President Beth Hammack emphasizes cautious monetary policy; upcoming consumer and producer pricing reports are crucial for Fed's decisions.
#FederalReserve #InterestRates #JobGrowth #Inflation #Economy #Gdp #MonetaryPolicy #Employment #FinancialMarkets #EconomicOutlook
https://evrimagaci.org/tpg/federal-reserve-poised-to-cut-interest-rates-amid-market-optimism-81215