News list for " Reserve Hack says"

Federal Reserve Hack: Can't explicitly support 25 or 50 basis point rate cuts, as long as the data is not unexpected, it needs to start the process

Mr. Harker said it was impossible to say whether to support a 25 basis point or 50 basis point rate cut, that more data was needed and would not comment on the market's pricing of the Fed's actions, which were more important than their magnitude. He would support a rate cut in September as long as the data met his expectations. Harker said in an interview, "For me, between now and then...

clock
2024-08-22 14:29:31
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.