Federal Reserve Chairman Discusses Disinflation and Rate Cut Decisions

Tuesday, 2 July 2024, 13:21
Federal Reserve Chairman Jerome Powell's recent statement highlights a disinflationary trend in the United States. However, Powell emphasizes the need for further data analysis before considering any potential rate cuts. This cautious approach underlines the importance of data-driven decision-making in the current economic environment, shaping anticipation in financial markets and among investors.
Investing.com
Federal Reserve Chairman Discusses Disinflation and Rate Cut Decisions

Fed's Powell on Disinflationary Path

Federal Reserve Chairman Jerome Powell discusses the current disinflationary trend in the US economy, emphasizing the need for careful analysis.

More Data Required for Rate Cuts

Powell cautiously notes the necessity of additional data before deciding on potential rate cuts, highlighting the importance of data-driven decision-making for central banks.

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