Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
"Fed's Mouthpiece": The Federal Reserve enters a wait-and-see phase, satisfied with its stance on interest rates

"Fed's Mouthpiece": The Federal Reserve enters a wait-and-see phase, satisfied with its stance on interest rates

Bitget2025/01/29 19:21

"Federal Reserve mouthpiece" Nick Timiraos stated that the Federal Reserve has hit the pause button on rate cuts, entering a new phase of watchfulness as it tries to decide whether and by how much to lower interest rates from their recent 20-year high. Before deciding to keep rates steady on Wednesday, the Fed had cut rates three times in a row since September, when they were around 5.3%. Officials made only minor changes to their policy statement at the end of a two-day meeting. The statement indicated that under economic conditions where inflation is still slightly above target and labor market conditions are stable, they are satisfied with their stance on 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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bitget launches a new round of contract new token event, with a maximum reward of 4,000 USDT per person
2
ether.fi Foundation: This week, 247,000 ETHFI were purchased using protocol revenue; sETHFI holders’ distribution increased to approximately 109,000 tokens

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,757.4
+0.38%
Ethereum
Ethereum
ETH
$4,708.86
+3.63%
XRP
XRP
XRP
$3.11
+1.71%
Tether USDt
Tether USDt
USDT
$1
+0.03%
Solana
Solana
SOL
$242.47
+1.93%
BNB
BNB
BNB
$924.68
+1.77%
USDC
USDC
USDC
$0.9997
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2836
+8.57%
TRON
TRON
TRX
$0.3539
+1.33%
Cardano
Cardano
ADA
$0.9278
+2.95%
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