Powell: The Federal Reserve (FED) is currently in a favorable position of waiting and will not preemptively cut interest rates.

According to Foresight News and reported by Wall Street Insights, Federal Reserve Chairman Powell stated during the Q&A session after the FOMC meeting that, “The economy has remained resilient, the policy stance is appropriate, and the Federal Reserve is currently in a favorable position to wait and see, with very low costs for further observation.” Additionally, Powell also mentioned that he has never actively requested to meet with any president and will not do so in the future.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)