Fed Bostic: Two interest rate cuts expected in the second half of 2024
On December 20th, Bosstick of the Federal Reserve stated that two interest rate cuts are expected to take place in the second half of 2024. The Federal Reserve cannot wait for the inflation rate to reach 2% before cutting interest rates, otherwise inflation will be "over-adjusted"; this is the strategy behind the interest rate cut. (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
Non-USD stablecoins may boost global e-commerce adoption
Stablecoin trading hits $1.8T in November
Vancouver mayor proposes adding Bitcoin to city reserves
Ex-Fortnite player linked to $3.5M memecoin scams
Trending news
MoreCrypto prices
More
