Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Fed's Daly: If Inflation is More Persistent, Rate Cuts May be Fewer than Twice this Year

Fed's Daly: If Inflation is More Persistent, Rate Cuts May be Fewer than Twice this Year

Chaincatcher2025/04/18 18:03

According to Jinshi, Fed's Daly stated that she is satisfied with the expectation of two rate cuts this year. However, if inflation proves more persistent, the number of rate cuts this year may be fewer than twice.

If economic growth slows down, further rate cuts will be implemented. Gradually reducing policy rates with no sense of urgency is the correct approach. The Fed's only commitment is to restore price stability. Currently, the U.S. has a stable labor market, but still needs to achieve price stability.

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
In the past 24 hours, the Ethereum ecosystem stablecoin supply saw a net inflow of $1.6 billion.
2
Société Générale: After the Fed decision, market focus returns to inflation data

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,705.83
-0.06%
Ethereum
Ethereum
ETH
$4,482.84
+0.23%
XRP
XRP
XRP
$3.01
+0.08%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,077.16
+8.17%
Solana
Solana
SOL
$240.17
+0.37%
USDC
USDC
USDC
$0.9998
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2688
+1.17%
TRON
TRON
TRX
$0.3464
-0.30%
Cardano
Cardano
ADA
$0.9008
-0.18%
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