Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: US Federal Reserve Chair Powell Emphasizes Need for More Confidence Before Cutting ...
US Federal Reserve Chair Powell Emphasizes Need for More Confidence Before Cutting Interest Rates
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#504cefd6 ver:1.22
US Federal Reserve Chair Powell emphasizes need for more evidence before cutting interest rates as inflation cools. The Fed wants to ensure recent weaker inflation readings reflect true underlying price pressures. The timing of rate cuts is uncertain, but risks to inflation and employment goals are closer to balance. Some officials expect rate cut in Q4 2019, while others remain wary. Market speculates on potential rate cut due to political uncertainty. Powell highlights US debt path and urges fiscal sustainability. Inflation slowing, but more evidence needed before rate cut....
#newstr #FederalReserve #JeromePowell #Inflation #InterestRates #LaborMarket
https://here.news/story/504cefd6?ver=1.22
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#504cefd6 ver:1.22
US Federal Reserve Chair Powell emphasizes need for more evidence before cutting interest rates as inflation cools. The Fed wants to ensure recent weaker inflation readings reflect true underlying price pressures. The timing of rate cuts is uncertain, but risks to inflation and employment goals are closer to balance. Some officials expect rate cut in Q4 2019, while others remain wary. Market speculates on potential rate cut due to political uncertainty. Powell highlights US debt path and urges fiscal sustainability. Inflation slowing, but more evidence needed before rate cut....
#newstr #FederalReserve #JeromePowell #Inflation #InterestRates #LaborMarket
https://here.news/story/504cefd6?ver=1.22