Fed Chairman: Premature rate cuts may cause inflation progress to reverse, will meet one by one to make decisions
2024/01/31 19:44
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Federal Reserve Chairman Jerome Powell said that policy rates have clearly moved into restrictive territory. The risks to achieving the target are gradually balancing out, with full commitment to returning inflation to 2 per cent. Premature rate cuts could lead to a reversal of inflation progress, and decisions will be made on a meeting-by-meeting basis.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Goldman Sachs cuts Volkswagen target price to 97 euros
格隆汇•2026/04/20 05:01
USDT0 transfers have resumed, and all pending transactions have been settled.
BlockBeats•2026/04/20 04:58
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$74,346.77
-1.63%
Ethereum
ETH
$2,275.85
-2.39%
Tether USDt
USDT
$1
-0.00%
XRP
XRP
$1.41
-1.67%
BNB
BNB
$620.39
-0.33%
USDC
USDC
$0.9998
+0.01%
Solana
SOL
$84.48
-1.22%
TRON
TRX
$0.3323
+1.35%
Dogecoin
DOGE
$0.09446
-0.23%
Hyperliquid
HYPE
$40.83
-6.38%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now