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Investment Highlights Updated: 03/07/24
Powell is confident that inflation will fall back, and interest rate cuts are still the general direction
Benefit
Federal Reserve Chairman Powell testified in the House of Representatives and Senate to publish the latest semi-annual monetary policy report. He reiterated to members of Congress that the authorities are not in a hurry to cut interest rates until they are convinced of successfully fighting inflation. According to the testimony prepared by Powell, it may be appropriate to start cutting interest rates “sometime this year,” but it also shows that preparations have not yet been made. He has some confidence in reducing inflation to the target. He wants to see more data before cutting interest rates. He doesn't want inflation to reach 2% before easing begins, and Fed officials need to be “more confident” that inflation falls back to 2% 👍👍👍
Powell is confident that inflation will fall back, and interest rate cuts are still the general direction
Benefit
Federal Reserve Chairman Powell testified in the House of Representatives and Senate to publish the latest semi-annual monetary policy report. He reiterated to members of Congress that the authorities are not in a hurry to cut interest rates until they are convinced of successfully fighting inflation. According to the testimony prepared by Powell, it may be appropriate to start cutting interest rates “sometime this year,” but it also shows that preparations have not yet been made. He has some confidence in reducing inflation to the target. He wants to see more data before cutting interest rates. He doesn't want inflation to reach 2% before easing begins, and Fed officials need to be “more confident” that inflation falls back to 2% 👍👍👍
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当我找到下滑的原因时，股市就是见底之日
当我找到拉升原因时，股市就是见顶之日🥰
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摸索中，求生存❤️
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