Powell: Inflation has slowed significantly but remains above 2% target
Federal Reserve Chairman Powell stated that inflation has significantly slowed down but is still above the target of 2%. The data from the first quarter does not support confidence in the inflation path, which is what the Fed needs for interest rate cuts. It appears that GDP growth has slowed down in the first half of 2024.
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.
You may also like
Futures Martingale custodial bots will be discontinued on October 12, 2026
CandyBomb x DGAI: Trade to share 60,000 USDT
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Crypto prices
More
