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Analysts: US economy cools, but Fed in no rush to cut rates

Analysts: US economy cools, but Fed in no rush to cut rates

Bitget2024/04/25 14:00

According to Jinshi, analyst Bryan Mena said that in the first quarter of this year, the US economy cooled more than expected, but it remained at a solid level by historical standards. Economic growth has slowed steadily over the past 12 months, which is a good sign for lower interest rates in the future, but the Federal Reserve has made it clear that it is not in a hurry to cut interest rates.

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.
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