Confounding US economic, inflation data muddy Fed’s rate path on Nostr: US Federal Reserve Turns More Cautious on Rate Cuts Amid Elevated Inflation ...
US Federal Reserve Turns More Cautious on Rate Cuts Amid Elevated Inflation
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#2140b79c ver:0.61
The US Federal Reserve is taking a cautious approach to rate cuts due to elevated inflation. The Fed announced that it will keep interest rates unchanged, reflecting concerns over sticky inflation and sluggish economic growth. Fed Chair Jerome Powell acknowledged that inflation is above the Fed's goal but stated that the threshold for a rate hike is high. The Fed's decisions will depend on inflation data, and experts suggest no rate cuts are expected in the short term. Wall Street traders now anticipate only one rate cut this year, while economists still expect two cuts. #FederalReserve #Inflation #InterestRates...
#newstr #UsFederalReserve #JeromePowell #InterestRates #Inflation #EconomicGrowth #RateCuts
https://here.news/story/2140b79c?ver=0.61
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#2140b79c ver:0.61
The US Federal Reserve is taking a cautious approach to rate cuts due to elevated inflation. The Fed announced that it will keep interest rates unchanged, reflecting concerns over sticky inflation and sluggish economic growth. Fed Chair Jerome Powell acknowledged that inflation is above the Fed's goal but stated that the threshold for a rate hike is high. The Fed's decisions will depend on inflation data, and experts suggest no rate cuts are expected in the short term. Wall Street traders now anticipate only one rate cut this year, while economists still expect two cuts. #FederalReserve #Inflation #InterestRates...
#newstr #UsFederalReserve #JeromePowell #InterestRates #Inflation #EconomicGrowth #RateCuts
https://here.news/story/2140b79c?ver=0.61