Powell: Future Interest Rate paths are diverse, and the timing of rate cuts depends on inflation and employment

【coin界】【Powell: There are many paths for the future Interest Rate】Federal Reserve (FED) Chairman Powell stated in his congressional testimony that there may be many paths for the future Interest Rate. Inflation may not be as strong as expected. If so, it is suggested to cut interest rates early; if the labor market is weak, it is also suggested to cut interest rates early. However, if inflation and the labor market perform strongly, it may be later to cut interest rates.

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