Federal Reserve Chairman: We need more confidence before lowering policy interest rates
Federal Reserve Chairman Powell stated that more confidence is needed before lowering policy interest rates. "The data shows we have made significant progress, and we need to see more data like what we've recently seen. If the labor market unexpectedly weakens, this would also prompt a response from the Federal Reserve."
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
SpaceX reportedly sells shares appropriately, valuation may rise to $800 billions
Poland’s lower house fails to overturn President’s veto of the strict Crypto Asset Market Act
Bank of America: The market may soon start betting on a Fed rate cut in January
Trending news
MoreCrypto prices
More
