Fed Bostic: There is no urgency to cut interest rates at the moment, and interest rates will be cut twice in the second half of next year
On Tuesday (December 19th), Atlanta Fed President Bostic stated that due to the strong momentum of the US economy and the need to ensure inflation returns to the target level of 2%, there is currently no urgency for the Fed to lower interest rates. He also said that with inflation continuing to decline, he expects the Fed to cut interest rates twice in the second half of next year. However, he emphasized that policymakers have not yet had active discussions on this matter.
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
Panama City mayor hints at Bitcoin reserve plans after El Salvador talks
Share link:In this post: Panama City Mayor Mayer Mizrachi hinted at launching a Bitcoin reserve after meeting with El Salvador’s top Bitcoin advisors. The city now accepts Bitcoin, Ethereum, USDC, and USDT for taxes, permits, and other municipal payments. Panama City plans to adopt El Salvador’s Bitcoin literacy books and explore renewable-powered BTC mining.
Trump’s tax bill blocked by House Republicans as Moody’s strips US of AAA rating
Share link:In this post: House Republicans blocked Trump’s tax bill over demands for deeper spending cuts. Moody’s downgraded the US credit rating, citing unsustainable debt levels. Hardliners want immediate Medicaid work requirements and repeal of green energy tax breaks.
‘Very Soon, Nothing Will be Holding XRP Back,’ Pundit Insists Judgment Day is Coming
Pi Network Disappoints At Consensus 2025, Pi Coin Crash Imminent?
Trending news
MoreCrypto prices
More
