Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analyst: The minutes of the Federal Reserve meeting have long indicated that it is not easy for inflation to fall back

Analyst: The minutes of the Federal Reserve meeting have long indicated that it is not easy for inflation to fall back

2024/01/11 14:37

Quincy Krosby, Chief Global Strategist of a financial company in North Carolina: Although overall inflationary pressures have decreased, they stubbornly remain higher than expected because the so-called "last mile" requires more time to reach the ultimate goal. The recent minutes of the Federal Reserve's meeting have emphasized that the path to price stability remains uncertain. Today's CPI report indicates that the Fed's first interest rate cut may be later than what the market hopes for.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Gold prices rise as the Federal Reserve's policy path draws attention
2
US CFTC appoints JPMorgan Head of Digital Asset Markets Scott Lucas as Co-Chair of GMAC Digital Asset Markets Subcommittee

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,479.28
-1.99%
Ethereum
Ethereum
ETH
$4,454.14
-3.45%
XRP
XRP
XRP
$3
-3.78%
Tether USDt
Tether USDt
USDT
$1
-0.00%
BNB
BNB
BNB
$977.67
-1.22%
Solana
Solana
SOL
$236.56
-5.67%
USDC
USDC
USDC
$0.9997
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2655
-6.67%
TRON
TRON
TRX
$0.3445
-1.99%
Cardano
Cardano
ADA
$0.8952
-4.09%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter