Fed's Barkin hints at a possible 25 basis point rate cut in September
Fed's Barkin said he is taking a "trial and error" approach to rate cuts, suggesting he may support a 25 basis point cut rather than the 50 basis point cut some analysts believe. He noted that inflation is still half a percentage point above the Fed's 2% target, and that a rate cut could ultimately help boost inflation by boosting demand for housing and other items.
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
Bank of Japan board member Toyoichi Ichi: A rate hike decision will be made soon
Data: 26,300 SOL transferred from one exchange to another, worth approximately $3.2768 million.
Trending news
MoreCrypto prices
More
