Powell: Before confidence in sustained inflation towards 2% strengthens, a policy of interest rate cuts is not appropriate
Federal Reserve Chairman Powell recently stated, "Recent inflation data shows moderate progress towards the 2% target. A rate cut policy is not appropriate until the Federal Reserve's confidence in inflation consistently moving towards 2% strengthens."
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.
You may also like
Vitalik: Ethereum Can Withstand Temporary Loss of Finality
ETHZilla acquires 15% stake in digital lending platform Zippy for $21.1 million
ProCap Financial increases its bitcoin holdings to 5,000.
Michael Saylor: Response Submitted to MSCI's Consultation on Digital Asset Treasury Companies
Trending news
MoreCrypto prices
More
