Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Stresses Independence from Political Timelines in Rate ...
Federal Reserve Chair Powell Stresses Independence from Political Timelines in Rate Cut Decisions
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#504cefd6 ver:1.6
Federal Reserve Chair Jerome Powell emphasizes independence from political timelines in rate cut decisions, stating that the Fed's decisions are based on data and not influenced by politics. Powell believes the US is on track to achieve stable prices and low unemployment, but inflation must be heading back to their target of 2% before cutting rates. The Fed is closely monitoring a slowing job market and may begin cutting rates soon. Positive economic data could strengthen the case for rate cuts. Wall Street reacts positively to Powell's dovish stance. #FederalReserve #RateCuts #EconomicData...
#newstr #FederalReserve #JeromePowell #InterestRates #EconomicNeeds #PoliticalTimelines
https://here.news/story/504cefd6?ver=1.6
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#504cefd6 ver:1.6
Federal Reserve Chair Jerome Powell emphasizes independence from political timelines in rate cut decisions, stating that the Fed's decisions are based on data and not influenced by politics. Powell believes the US is on track to achieve stable prices and low unemployment, but inflation must be heading back to their target of 2% before cutting rates. The Fed is closely monitoring a slowing job market and may begin cutting rates soon. Positive economic data could strengthen the case for rate cuts. Wall Street reacts positively to Powell's dovish stance. #FederalReserve #RateCuts #EconomicData...
#newstr #FederalReserve #JeromePowell #InterestRates #EconomicNeeds #PoliticalTimelines
https://here.news/story/504cefd6?ver=1.6