The Federal Reserve Harmack said Friday that it may be time for the Fed to slow the pace of interest rate cuts. She believes the Fed's policy rate may not be much higher than neutral. Harmack noted that financial marekt expects the Fed to cut rates only once in the next two meetings and said that expectation is in line with her view. She said inflation, economic growth and the labor market remain stronger than the Fed expected in September. Harmack's remarks were the clearest hint in recent Fed ...
Federal Reserve Goolsbee: With interest rates approaching R *, it would be reasonable for the FOMC to slow the rate cut.
Bowman, the governor of the Federal Reserve, reiterated that interest rate cuts are appropriate if inflation continues to slow.
Fed Governor Bowman reiterated that a rate cut would be appropriate if inflation continues to slow; that there has been some recent progress in reducing inflation, but it remains disturbingly above the Committee's 2 percent target; that unemployment, despite rising, remains historically low; and that there are still upside risks to inflation.
The upward movement of gold chips has slowed down, but it remains above the key intraday support; crude oil funds continue to gather at a low level, and are currently approaching the key support... > >