The Federal Reserve has significantly cut interest rates, and Powell aims to achieve a soft landing

On September 19, Jin10 Data reported that Federal Reserve Chairman Powell said that Fed officials decided to reduce the degree of policy constraints because officials increasingly believe that by adjusting policies, they can maintain a strong labor market while the economy rises moderately and inflation continues to cool. Essentially, Powell’s meaning is that this policy measure is to ensure that the economy achieves a so-called soft landing.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
HuiTailang_sFathervip
· 2024-09-18 19:52
bull return speed return 🐂
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)