What is Nostr?
Bond Traders Await CPI Data to Determine Market's Fate /
npub1g2p…07jh
2024-06-13 02:01:14

Bond Traders Await CPI Data to Determine Market's Fate on Nostr: US Federal Reserve Maintains Caution on Rate Cuts Despite Wall Street Optimism ...

US Federal Reserve Maintains Caution on Rate Cuts Despite Wall Street Optimism
===============
#2f332139 ver:0.57

Despite Wall Street optimism, the US Federal Reserve maintains caution on rate cuts, projecting only one cut this year. The stock market reached a record high and bond yields fell, indicating optimism. The Fed wants more evidence of inflation reaching its target. Market investors respond more to inflation numbers, showing confidence in the US economy. Other central banks have already cut rates, shifting focus to economic growth. Central banks face a difficult choice navigating inflation and growth. #FederalReserve #RateCuts #Economy...

#newstr #UsFederalReserve #WallStreet #InterestRates #Inflation

https://here.news/story/2f332139?ver=0.57
Author Public Key
npub1g2ptvhhw9rkpxm57vy23jpf4ljm6d5a7ze7r744puncsf5rqay9sap07jh