21 Hrs
Source:
الاقتصادية
Warsh Avoids Rate Path Prediction
Federal Reserve Chairman Jerome Powell has stated that he is not currently signaling a specific direction for interest rate hikes. He pointed out that the central bank's goal remains to achieve price stability and that it had already begun to wind down its monetary easing measures a month ago. As a result, the likelihood of an interest rate increase at the October meeting has dropped from over 27% to less than 15%. Although New York Fed President John Williams suggested that a rate hike might occur "later in the year," Powell emphasized that the outcomes of upcoming meetings are unpredictable, and the markets are currently expecting rates to remain unchanged.
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