Asked whether interest rate cuts were discussed, Waller said "there is only one proposal on the table."
Golden Ten Data reported on June 18 that, when asked whether Federal Reserve officials discussed any rate cuts during the meeting ending Wednesday, Federal Reserve Chairman Walsh gave a very clear answer: "There was only one proposal on the table, no other proposals were discussed." He stated, "For us, there was only one core issue, and officials engaged in intense internal discussions around this topic (similar to a family-style debate)." However, he also pointed out that after thorough discussions, the officials ultimately reached consensus. The Federal Reserve decided to keep the interest rate unchanged in the range of 3.5% to 3.75%, and this decision was ultimately unanimously approved.
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
Data: ETH surpasses $2,600
Arch Capital files Form 3 for Arch Global Mortgage CEO Robert Michael Schmeiser`
LivaNova director Francesco Bianchi sells 3,500 shares for $273,032.20
SiTime Chief Legal Officer Vincent P. Pangrazio sells USD 1,875,000 in common shares
