Fed’s Collins Says a Rate Cut May Be Appropriate in the Near Term
According to ChainCatcher, citing Jinshi News, Federal Reserve official Collins stated that if the outlook for the labor market deteriorates, it may be appropriate to cut interest rates in the short term. He emphasized that it is not necessary to wait until inflation is fully clarified before considering a rate cut.
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
The US Dollar Index rose to 98.432 on the 17th, with major currency exchange rates fluctuating.
All three major U.S. stock indexes closed higher.
All three major U.S. stock indexes closed higher, with Tesla up 2.46%.
The Dow Jones Index closed up 238.37 points, and the S&P 500 rose 34.94 points.
Trending news
MoreCrypto prices
More
