Fed's Collins: Tariffs Push Up U.S. Commodity Prices, Could Cause Fed to Delay Rate Cuts
Gold Finance reports that Fed Collins said the Fed may still have room to cut rates this year. Interest rate policy is in good shape, and holding steady seems to be the best option for now. Tariffs are pushing up U.S. commodity prices, which could cause the Fed to delay cutting 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.
You may also like
All three major U.S. stock indexes closed higher, with bank stocks performing strongly.
The Dow Jones Index closed up by 497.58 points, with both the S&P 500 and Nasdaq also rising.
The US Dollar Index fell 0.43% on the 10th.
The U.S. budget deficit for November was $173 billion.
Trending news
MoreCrypto prices
More
