Federal Reserve's Hawkish Stance Raises Concerns Over Economic Outlook

According to Odaily, the Federal Reserve adopted a more hawkish tone last week, projecting higher inflation rates for 2025 than previously estimated and reducing the anticipated number of interest rate cuts for next year. Neil Dutta, an analyst at Renaissance Macro, expressed concerns that the Fed might find itself in a challenging position amid a seemingly slowing economic environment,... source: https://www.binance.com/en/square/post/17959343146793?utm_source=BinanceNewsRSS