Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
"Fed's Mouthpiece": The Federal Reserve enters a wait-and-see phase, satisfied with its stance on interest rates

"Fed's Mouthpiece": The Federal Reserve enters a wait-and-see phase, satisfied with its stance on interest rates

Bitget2025/01/29 19:21

"Federal Reserve mouthpiece" Nick Timiraos stated that the Federal Reserve has hit the pause button on rate cuts, entering a new phase of watchfulness as it tries to decide whether and by how much to lower interest rates from their recent 20-year high. Before deciding to keep rates steady on Wednesday, the Fed had cut rates three times in a row since September, when they were around 5.3%. Officials made only minor changes to their policy statement at the end of a two-day meeting. The statement indicated that under economic conditions where inflation is still slightly above target and labor market conditions are stable, they are satisfied with their stance on interest rates.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!