Analysts: US economy cools, but Fed in no rush to cut rates
According to Jinshi, analyst Bryan Mena said that in the first quarter of this year, the US economy cooled more than expected, but it remained at a solid level by historical standards. Economic growth has slowed steadily over the past 12 months, which is a good sign for lower interest rates in the future, but the Federal Reserve has made it clear that it is not in a hurry to cut interest rates.
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
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Goldman Sachs: Fed Rate Cut in December Is Now a Foregone Conclusion