Fed megaphone: Powell's speech did not change expectations of 'hold steady' in August

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On July 16th, Golden Ten Data reported that Nick Timiraos, the 'megaphone' of the Federal Reserve, wrote in his latest article that Federal Reserve Chairman Powell stated today that the recent slowdown in inflation and economic activity largely aligns with the Fed's expectations. However, he still refuses to indicate whether there is a reason for the Fed to cut interest rates at its policy meeting later this month. The inflation report released last week showed a general improvement in the economy, which has led some private analysts to question whether the Fed needs to wait until September to cut rates. It is worth noting that the Fed led by Powell usually avoids surprising the market with short-term policy decisions. Therefore, from this perspective, Powell's wording today does not change the expectation that the Fed will maintain interest rates stability at the August meeting.

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EarnOneHundredMillionvip
· 2024-07-15 21:18
bull return speed return 🐂
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SevenKhanvip
· 2024-07-15 18:22
To Da Moon 🌕
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GrowingLeeksvip
· 2024-07-15 17:57
Interest rate cuts and liquidity injections start with grin
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GrowingLeeksvip
· 2024-07-15 17:56
Grin is the handsome guy in this interest rate cut flood
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