Fed’s Bostic: Still Expects One Rate Cut This Year
BlockBeats News, August 1—Federal Reserve’s Bostic stated that employment data is important, but revisions are even more significant. The job market has slowed from robust levels. Inflation risks far outweigh employment risks. Currently, it is still expected that there will be one rate cut this year. (Jin10)
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.
You may also like
A newly created wallet withdrew 300 BTC worth $26.7 million from an exchange.
Citi: The Upcoming Nonfarm Payroll Report May Release More Contradictory Signals
Crypto yield optimization protocol YO Labs completes $10 million Series A funding round, led by Foundation Capital
Suspected Matrixport wallet withdraws 3 million ASTER from an exchange, worth approximately $2.84 million
Trending news
MoreCrypto prices
More
