CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-03-07 17:40:10

BREAKING: FED Chair Jerome Powell is Speaking – Here’s What He Says at a Critical Crossroad

Fed Chairman Jerome Powell speaks at the 2025 U.S. Monetary Policy Forum at the University of Chicago Booth School of Business in New York. Here are the highlights from Powell's critical speech: The Fed is in no rush to adjust interest rates. The labor market is solid and generally balanced. Inflation is slightly above the 2% target but is gradually approaching it. Uncertainty about the Trump administration’s policies and their economic impact remains high. Some recent inflation expectations surveys and market indicators have shown increases due to tariffs. Most long-term inflation expectations remain stable and consistent with the 2% target. The Fed is fully prepared to wait for a clearer picture. The net effect of trade, immigration, fiscal and regulatory policies is the factor that has the greatest impact on economic and monetary policy. The Fed's policy is not set in stone; if inflation progress stagnates, policy may remain restrictive, or if the labor market weakens unexpectedly or inflation declines unexpectedly, policy may be eased. Related News: White House Official Makes Very Confusing Statement About Cardano (ADA), Ripple (XRP) and Solana (SOL) - Bringing a Drop Despite high uncertainty, the US economy is in good shape. The path to achieving the 2% inflation target will be bumpy; the Fed will not overreact to one or two economic data reports that are higher or lower than expected. Recent indicators point to a possible slowdown in consumer spending and increased uncertainty; it remains to be seen how these developments will impact future spending and investment. Fed Chair Powell reiterated that the 2% inflation target is not the focus of the Fed's framework review; the results of the review will be released in late summer. U.S. short-term interest rate futures maintained their forecast that the Fed will cut interest rates in June and expect a total of three rate cuts in 2025 after Powell said the Fed did not need to rush to act. *This is not investment advice. Continue Reading: BREAKING: FED Chair Jerome Powell is Speaking – Here’s What He Says at a Critical Crossroad

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.