Institutions: The Federal Reserve (FED) may have to wait until December to cut interest rates

Jin10 data on June 25th, The Federal Reserve (FED) Chairman Powell, after maintaining a cautious stance on interest rate cuts, the dollar slightly rose. Powell testified before Congress on Tuesday, seemingly pouring cold water on the prospect of a rate cut in July, rejecting President Trump's call to drop the Interest Rate. Pepperstone strategist Michael Brown stated in a report that The Federal Reserve (FED) may wait until December to cut rates, and will only cut 25 basis points this year.

TRUMP-1.7%
View Original
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
  • 1
  • Repost
  • Share
Comment
0/400
HappyNewYearvip
· 06-26 04:08
Jin10 data June 25 news, The Federal Reserve (FED) Chairman Powell maintained a cautious stance on the interest rate cut issue, and the US dollar rose slightly. Powell seemed to pour cold water on the prospect of a rate cut in July during his testimony before Congress on Tuesday, rejecting President Trump's call to lower interest rates. Pepperstone strategist Michael Brown stated in a report that the Federal Reserve may not cut rates until December, with only a 25 basis point cut this year.
View OriginalReply0
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)