Federal Reserve Unlikely to Cut Rates This Month, Potential for Future Reductions

According to BlockBeats, Nick Timiraos, often referred to as the "Fed's mouthpiece," has reported that the Federal Reserve is not expected to lower interest rates at its meeting later this month. However, Federal Reserve Chair Jerome Powell has indicated that a rate cut might be possible later this year if inflation shows positive trends or if the labor market weakens. U. S source: https://www.binance.com/en/square/post/26844791387249?utm_source=BinanceNewsRSS