Fed's Schmid: Personally, I'm inclined to avoid big rate cuts
Bitget2024/10/21 21:55
Fed's Schmid said interest rates could be significantly higher than before the new crown epidemic; called for a cautious, gradual and prudent rate-cutting strategy; personally preferred to avoid large rate cuts; ‘reasonably confident’ that inflation will fall to 2%; and saw that the labour market is normalising, not deteriorating.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$89,657.28
-0.58%
Ethereum
ETH
$3,122.2
+0.38%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$889.65
-0.42%
XRP
XRP
$2
-0.67%
USDC
USDC
$1
+0.00%
Solana
SOL
$131.85
-0.52%
TRON
TRX
$0.2810
+2.61%
Dogecoin
DOGE
$0.1368
-1.01%
Cardano
ADA
$0.4042
-0.75%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now