Federal Reserve's Musalem: No Commitment to Rate Cuts Until Tariff Impact on Inflation Becomes Clear
According to a report by Jinse Finance, Federal Reserve's Musalem stated that if the rise in inflation proves to be temporary, expectations remain stable, and the economy shows significant weakness, a rate cut is still possible. The impact of tariffs on inflation may be temporary, but it could also be more lasting. A rate cut should not be promised before the impact of tariffs on inflation becomes apparent. U.S. economic activity has slowed down, and sentiment has declined.
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
The number of transactions on the Linea mainnet has surpassed 1.3 million.
Data: 32.93 BTC transferred out from a certain exchange, worth approximately $2.4556 million
MON plummets, causing multiple whales to be fully liquidated with losses exceeding one million dollars
