Fed's Barr: Caution is needed on further rate cuts
Fed Governor Powell stated that due to uncertainty about inflation and employment, a cautious attitude towards further rate cuts is needed. The rate cut in September was appropriate, and the current policy rate is still moderately tight.
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
Houthis claim attacks on Saudi capital, thick smoke seen near Riyadh airport
Multiple unions threaten strikes at Barrick’s flagship Mali gold mine, documents show
Jim Cramer Says the Upcoming Week Looks Quiet. Here's What He'll Still Be Watching
Is Crypto's Weekend Drop a Preview of Monday? Houthis Target Riyadh, Trump Weighs Iran
Crypto prices
More
