Crazypeople
vip

Fed Chairman Powell:



The state of the US economy is good. Inflation continues to decline.

We are in a healthy state.

If we set aside the tariffs, we can say that inflation is moving in the direction we want.

"If there were no tariffs, would you have lowered interest rates?" Powell responded to the question:

Yes, we would have lowered it. When the tariffs began to be discussed, we thought that the right thing to do was to wait.

Many FOMC members believe that it is appropriate to lower interest rates towards the end of the year. Of course, this may change based on the data.

We are closely monitoring the job market. Although there has been a cooling, it has not yet reached this serious level.
View Original
post-image
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
  • 2
  • Share
Comment
0/400
Ybaservip
· 07-01 18:54
Bull Run 🐂
Reply0
Sumon123vip
· 07-01 17:12
Bull Run 🐂
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 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)