Powell: Won't wait for 2% inflation before cutting interest rates
Federal Reserve Chairman Powell stated that the reason for not waiting for a 2% inflation rate before cutting interest rates is that it would be too late and exceed the target.
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
Bitcoin retreats to $92.5K as strong US jobs data reverses 12-hour gains
Bitcoin Price Rebounds Above $94K, Following New US Crypto Regulatory Framework Announcement
As the countdown for Trump administration debut begins, BTC's price recovered following yesterday's dip to $91,000 levels
CryptoQuant analyst signals Bitcoin’s dip as a prime accumulation opportunity
Leading Developers Challenge Ethereum’s Design, Urging a New Approach
Trending news
MoreCrypto prices
More
