Fed Chair hints at possible rate adjustments at every meeting
Jinse Finance reported that New York Federal Reserve President Williams stated that the upcoming Federal Reserve policy meeting will be a "live" meeting, suggesting the possibility of an interest rate adjustment, but did not explicitly indicate support for any specific course of action. When mentioning the Fed's dual mandate, he said, "We are making the risks more balanced." Investors are betting that the Fed will cut interest rates at the September meeting, and Williams stated that the current interest rate level is in a "moderately restrictive" state.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canadian Prime Minister says Canada-US economic relationship is over
Polymarket trading volume reaches $400 million, doubling since July
AAVE surpasses $200
