US Federal Reserve Chair Powell Stresses Need for More Data on Falling Inflation Before Rate Cut
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#504cefd6 ver:1.19
US Federal Reserve Chair Powell stresses need for more data on falling inflation before rate cut. The Fed wants to ensure recent weaker inflation readings are accurate before making a decision. The US economy is strong, allowing the Fed to take its time. Rate cuts are uncertain, but risks to inflation and employment goals are closer to balance. Some officials expect a rate cut in Q4 2019, while others remain wary. The timing of the first cut is crucial - proactive cuts while the economy is still strong could prolong market performance. Powell also emphasizes the need for fiscal sustainability and highlights cyber risk. #Fed #Inflation #RateCut...
#newstr #FederalReserve #InterestRates #Inflation #UsEconomy
https://here.news/story/504cefd6?ver=1.19
Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-02 17:03:58
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npub14n9jghelchax9r64vv5fjmnk7tt4hs0jfj77dcgfqlzf39q3mjqqn8h6hmPublished at
2024-07-02 17:03:58Event JSON
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"content": "US Federal Reserve Chair Powell Stresses Need for More Data on Falling Inflation Before Rate Cut\n===============\t\n#504cefd6 ver:1.19\n\nUS Federal Reserve Chair Powell stresses need for more data on falling inflation before rate cut. The Fed wants to ensure recent weaker inflation readings are accurate before making a decision. The US economy is strong, allowing the Fed to take its time. Rate cuts are uncertain, but risks to inflation and employment goals are closer to balance. Some officials expect a rate cut in Q4 2019, while others remain wary. The timing of the first cut is crucial - proactive cuts while the economy is still strong could prolong market performance. Powell also emphasizes the need for fiscal sustainability and highlights cyber risk. #Fed #Inflation #RateCut...\n\n#newstr #FederalReserve #InterestRates #Inflation #UsEconomy \n\n https://here.news/story/504cefd6?ver=1.19",
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