Economist Derek Tang: The timing of the first interest rate cut may be postponed to June
Economist Derek Tang from LH Meyer/Monetary Policy Analytics stated that there are increasingly more reasons to skip March and postpone the first rate cut until June. Since Powell indicated that the path of inflation will be bumpy, officials won't be troubled by higher data. However, this report is not helpful when they worry about inflation exceeding their target.
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
Today's Fear and Greed Index remains at 28, indicating a level of fear.
"1011 Insider Whale" closed a 5x short position of 5,000 ETH, earning approximately $55,000 in profit.
ETH ICO address transfers nearly $120 million worth of ETH to a new wallet after 10 years
Trending news
MoreCrypto prices
More
