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Fed Chair Powell Clarifies Rate-Hike Stance at Recent Meeting

GateNews
IndicesForex
According to Federal Reserve Chair Jerome Powell at a recent press conference, officials who voted against maintaining dovish language in the policy statement do not favor rate hikes. Powell emphasized that the disagreement centered on whether the Federal Reserve should adopt a neutral stance on future policy direction, rather than a preference for tightening. "People are not saying we need to raise rates now," Powell said. "It is more about whether the Fed should be neutral on the policy outlook."
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Fed Maintains 3.5–3.75% With a 4-Vote Split: Powell’s Final Decision During His Tenure

ChainNewsAbmedia04-29 18:44

Powell will hold a press conference tomorrow morning. With it effectively certain that interest rates will not change, what should the market watch for in this Federal Reserve decision?

ChainNewsAbmedia04-29 01:54

Fed Holds Rates at 3.5%-3.75%, Powell's Final Speech May Signal Future Cuts

Crypto Frontier04-28 10:52
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