Powell: Fed maintains expectation of two rate cuts in 2025
On April 4, Gold Ten reported that Fed Chairman Jerome Powell spoke on the economic outlook, saying that unemployment remains low and the labour market is not a source of inflation. Weak economic growth and rising inflation offset each other and will allow the Fed to maintain its expectation of two rate cuts in 2025.
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
Euro holds steady as US Dollar struggles for traction
BRIEF-Toronto Stock Exchange falls at open
HSBC sells 129 Fnac Darty shares at € 34.56 during takeover offer
IGM Financial Unit Enters Strategic Collaboration With Goldman Sachs Asset Management
Crypto prices
More
