Powell: There Will Be Reason to Slow Down Interest Rate Cuts If There Is No New Information
BlockBeats News, October 30th, Federal Reserve Chairman Powell: If no new information is received and the economic situation appears unchanged, there would be reason to slow down the pace of interest rate cuts. Hopefully, by December, we can obtain more sufficient data.
The lack of data during the government shutdown may suggest the need to slow down the pace of policy adjustments. The debate on whether to slow down interest rate cuts in December will continue for how long. (Oriental Fortune Network)
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