WILL POWELL CUT RATES? Jerome Powell, the Federal Reserve C
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Updated at: 7 hours ago
{"content":"WILL POWELL CUT RATES?
Jerome Powell, the Federal Reserve Chair, is likely to cut interest rates cautiously due to persistent inflation pressures. Here's what's shaping his decision :
- Inflation: Currently at 2.6%, still above the Fed's 2% target. Powell wants to see sustained progress on inflation before making any significant changes.
- Economic Growth: The US economy is showing resilience, with steady consumer demand and robust GDP growth, reducing the urgency for policy easing.
- Labor Market: The tight labor market is contributing to wage growth and inflationary pressure, making the Fed cautious about cutting rates.
Potential Rate Cuts:
- September Rate Cut: Powell has signaled a potential rate cut in September, with the market expecting a 25-basis-point move.
Future Cuts: The Fed might cut rates further if economic data confirms current trends, but Powell emphasizes the importance of data-driven decisions.
Key Considerations:
- Data Dependence: Powell stresses that rate cuts will be based on incoming economic data, particularly inflation and labor market indicators.
- Cautious Approach: The Fed aims to avoid reigniting inflationary pressures and will proceed with caution when adjusting interest rates .#BinanceAlphaAlert #IsraelIranConflict #USNationalDebt #Fed $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/25/c3ad6accc27943329140c07884e2957a.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}