Fed sound bite: rate cuts not necessarily imminent
2024/01/31 19:55
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Fed soundbite Nick Timiraos said the FOMC statement got a big rewrite, with the tightening bias disappearing, but in a way that suggests a rate cut isn't necessarily imminent. He added that "the committee does not believe a rate cut is appropriate until it has greater confidence that inflation is moving consistently toward 2 per cent".
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
The Brent crude oil OTC price has surpassed $88, posting a gain for the day.
智通财经•2026/08/30 12:21
Over $900M Pours Into Bitcoin ETFs While Ethereum Funds Extend Impressive Streak
Cryptopotato•2026/08/30 11:12
Crypto prices
More
Bitcoin
BTC
$78,662.27
+1.37%
Ethereum
ETH
$2,465.85
+1.23%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$694.83
+0.89%
XRP
XRP
$1.4
+1.02%
USDC
USDC
$1
+0.02%
Solana
SOL
$105.41
+1.84%
TRON
TRX
$0.3407
+0.62%
Hyperliquid
HYPE
$83.33
+2.64%
Zcash
ZEC
$846.09
+4.52%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now