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
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
WLFI: BNB Ecosystem USD1 Zero-Fee Promotion Extended Until December 31
Bitwise BSOL Solana ETF increased its holdings by 93,167 SOL in the past hour
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies
Trending news
MoreCrypto prices
More
