Gold Finance reported that former St. Louis Fed Chairman Brad said that inflation will slow significantly this year, allowing the Fed to continue to cut interest rates. Brad said it seems that the Fed is expected to cut interest rates twice this year, with each cut of 25 basis points. Fed officials predicted two rate cuts in December last year. "I really don't see any factors that would prevent them from doing so," he said. However, Brad said that another rate cut in March seems premature. He said, "Based on the current situation, I don't think there will be a rate cut in March." He said the Fed may use the March meeting to prepare for a rate cut in "late spring." He said the Fed's policy measures depend on further progress in inflation.
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L'ancien "roi des faucons" de la Fed : l'inflation ralentira, permettant à la Fed de baisser davantage les taux d'intérêt
Gold Finance reported that former St. Louis Fed Chairman Brad said that inflation will slow significantly this year, allowing the Fed to continue to cut interest rates. Brad said it seems that the Fed is expected to cut interest rates twice this year, with each cut of 25 basis points. Fed officials predicted two rate cuts in December last year. "I really don't see any factors that would prevent them from doing so," he said. However, Brad said that another rate cut in March seems premature. He said, "Based on the current situation, I don't think there will be a rate cut in March." He said the Fed may use the March meeting to prepare for a rate cut in "late spring." He said the Fed's policy measures depend on further progress in inflation.