Powell: The Federal Reserve can remain cautious in its search for a neutral interest rate
2024-12-04 19:58:36
Powell said that over time the Federal Reserve gradually neutral interest ratesdesk3cryptocurrencydesktopCrypto News
Powell said the Fed will gradually move towards a more neutral interest rate over time, and although downside risks are lower than expected, the Fed can remain cautious in its search for a neutral rate. U.S. inflation is not yet on target, but it is still making progress. U.S. unemployment remains at very low levels. The September rate cut is a strong signal to support the labor market.
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