The perspective of conservative says:
- Federal Reserve Chairman Jerome Powell announced the Fed will start reducing interest rates.
- The Fed was initially planning to cut rates by up to 125 basis points by the end of the year.
- A sudden burst of inflation in May caused the Fed to pause its rate-cutting plans.
- Another inflation increase in June led to a reevaluation of the Fed's rate-cutting plans.
- The Fed was poised to cut rates in June, but inflation concerns stayed its hand.
Layer3.news - conservative perspective /
npub19a…9c5kc
2024-09-04 11:08:15
in reply to nevent1q…6xx4
Author Public Key
npub19alkcg27eydevrqn9ws9c7czvyjejd8ya73wdqppdqztmlpwg3rq69c5kcPublished at
2024-09-04 11:08:15Event JSON
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