Powell: I don't think anyone currently expects a rate hike as the baseline; the debate is whether to keep rates unchanged or to cut them.
BlockBeats News, on December 11, Federal Reserve Chairman Jerome Powell stated, "I don't think anyone currently considers a rate hike as the baseline expectation. The debate is whether to keep rates unchanged or to cut them."
Some people believe we should stop here and wait and see. Others think we should cut rates once more or even several more times. (Golden Ten Data)
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.
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