Fed's Kashkari: FOMC expected to cut rates near end of year
Fed's Kashkari said that the FOMC is expected to cut rates near the end of the year. The Fed is in a strong position to take its time and observe the data; the job market is performing better than expected; the labor market may cool further, and hopefully the rate of decline will be moderate.
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
ZEC rises above $1,200, reaching a record high
Pundit Says The More I Watch This BlackRock Clip, The More Interesting It Gets For XRP
Dogecoin Price Jumps 7.55% as Bull Flag Breakout Targets $0.12
Bitcoin’s Correlation with Gold Has Reached Extremely High Levels: What Does This Mean?
Crypto prices
More
