realcaseyrollins@thelemmy.club to Business@lemmy.worldEnglish · 2 months ago

Powell indicates further rate cuts, but insists the Fed is 'not on any preset course'

3

16

Powell indicates further rate cuts, but insists the Fed is 'not on any preset course'

realcaseyrollins@thelemmy.club to Business@lemmy.worldEnglish · 2 months ago

3

Powell indicates further, smaller rate cuts, insists the Fed is 'not on any preset course'

The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.

Chat

AwkwardLookMonkeyPuppet@lemmy.world
link
fedilink
English
arrow-up
3·
2 months ago
What? Didn’t they already announce a few months ago that they have 3 rate cuts planned?
- realcaseyrollins@thelemmy.clubOP
  link
  fedilink
  English
  arrow-up
  2
  arrow-down
  1·
  2 months ago
  I don’t remember that. Maybe they did and others forgot too.

Business@lemmy.world

business@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !business@lemmy.world

A place to share business news and insights.

Rules

Follow lemmy.world rules
Only post content related to business
Do not use this community to promote your business

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

13 users / day
256 users / week
923 users / month
3.06K users / 6 months
50 local subscribers
443 subscribers
687 Posts
2.01K Comments
Modlog