US EditionPowell (Fed) Discards Cuts Above 25 Basis Points and Advocates Booking Them for Emergencies
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Federal Reserve President Jerome Powell said on Wednesday that there is currently no "wide support" within the Federal Open Market Committee (FOMC) for a cut of 50 basic points, as Stepen Miran, a governor recently incorporated into the governing body at Donald Trump's behest to replace the resigned Adriana Kugler, said.
The president of the US Federal Reserve, Jerome Powell, said Wednesday that at the recent FOMC meeting there was not enough support for an aggressive 50-point cut. The decision to apply a more modest reduction responds to the delicate balance between still high prices, signs of weakness in the labour market and the need to maintain credibility in the face of inflation.
The president of the Federal Reserve (Fed), Jerome Powell, said on Wednesday that there is currently no "wide support" within the Federal Open Market Committee (FOMC) for a cut of 50 basic points, as Stepen Miran, governor recently incorporated into the governing body at the request of Donald Trump to replace [...] La entrada Powell (Fed) discards cuts above 25 basic points and advocates booking them for emergencies aparece primero en Forbes Esp…
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