Fed will be unwise to listen to the market at this stage – Central Bank’s Roger Ferguson

Former Federal Reserve Vice Chairman Roger Ferguson reckons it would be “unwise” for the US central bank to follow market sentiment and lower interest rates as early as June. Speaking on CNBC’s Squawk Box on Friday, Ferguson said expectations of multiple rate cuts this year are ill-placed because inflationary pressures are still high. CNBC mentioned […] source: https://www.cryptopolitan.com/fed-will-be-unwise-to-listen-to-the-market/