Most officials say they might tighten policy or cut interest rates; isn't that just sitting on the fence?

View Original
CoinNetwork
CryptoWorld News reports that Wu said that the minutes of the Federal Reserve's April FOMC meeting show that officials generally believe inflation remains above the 2% target, with rising energy prices, Middle East conflicts, tariffs, and AI-related investment costs all increasing inflation risks. Most officials expect the time needed for inflation to fall back to the target level to be longer than previously anticipated. Although overall economic activity remains steady and AI-related capital expenditures continue to support growth, there is a risk of weakening in the labor market, with some companies potentially slowing hiring due to economic uncertainty or AI technology applications. Most officials also stated that if inflation remains persistently above the target, further policy tightening may be needed in the future; if inflation declines or the labor market deteriorates significantly, it may be appropriate to cut interest rates.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned