Your current location is:{Current column} >>Text
Fed officials aren't rushing their strategy but might cut rates.
{Current column}65254People have watched
IntroductionRecently, there has been a heated debate in the United States about whether interest rates should be ...
Recently,cash foreign exchange trading platform there has been a heated debate in the United States about whether interest rates should be lowered, with hawks and doves stirring up the market with their differing opinions. On March 27, U.S. time, Governor Christopher Waller finally stepped forward to share his view, stating there is no rush to cut interest rates now. The recent economic data provide reasons to delay or reduce the number of rate cuts this year.
His perspective is that inflation data has gradually improved in recent times, the economy has seen notable improvements, and the employment rate has also increased. Therefore, the Federal Reserve now has more room to wait and see. Of course, he didn't categorically say that rates shouldn't be lowered, but instead suggested that reducing the number of rate cuts and postponing them would be more appropriate.
Since last July, the Federal Reserve's interest rates have remained at a near 20-year high, a stance which is now widely considered to be no longer suitable. Hence, there has been widespread discussion about lowering rates. In his latest speech, Waller used the word "no rush" four times, including in the title of his speech—“There's Still No Rush.”
There remains significant debate over how many times to cut interest rates, with opinions within the Federal Reserve itself ranging from three times to none. Some officials even believe there could be more than three rate cuts; while Raphael Bostic, president of the Federal Reserve Bank of Atlanta, has stated more than once that he expects only one rate cut this year.
The debate over the number of rate cuts is only part of the controversy. There is also concern over how substantial the initial rate cut should be—whether it should happen in one go or be broken down into several smaller cuts, with opinions remaining divided.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
Exxon delivers record first
{Current column}By Sabrina ValleHOUSTON (Reuters) - Corp (NYSE:) made a record first-quarter profit by pumping more ...
Read moreBusinesses must help cut cost of living, UK government adviser says By Reuters
{Current column}© Reuters. FILE PHOTO: A woman looks at wine bottles displayed on a shelf in a supermarket in London ...
Read moreDiscover Social Trading On NAGA By Studios
{Current column}Statement: The content of this article does n ...
Read more
Popular Articles
- Hindenburg takes on billionaire activist Icahn with short position, shares plunge By Reuters
- Ethereum risks another 60% drop after breaking below $1K to 18
- U.S. PPI Edged Down to 10.8% in May By
- Stock Market Today: Dow Rallies as Yield Slips Boost Tech After Larger Fed Hike By
- Asian stocks cautiously higher as debt ceiling bill moves forward By
- Bukele: Bitcoin Investment Safe, Value To Immensely Grow After Bear Market By CoinQuora
Latest articles
-
Crude oil slumps on demand concerns after weak Chinese data By
-
High fares, rising economic worries could weigh on airline recovery By Reuters
-
Top three Aussie miners to shed $11 billion in market value as commodity rout accelerates By Reuters
-
Bitcoin nears MicroStrategy 'margin call' price By Reuters
-
Wood: Software stocks next to benefit from AI boom after Nvidia By
-
IEA Warns Oil Supply May Not Keep Pace With Demand Next Year By