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@foj A Federal Reserve official stated that he believes the decision to cut interest rates last month was a critical one, as the current economic outlook seems different from when the Fed began cutting interest rates four months ago. St. Louis Federal Reserve Reserve Reserve Chairman Musalem said that by the time of last month's meeting, the risk of inflation hovering between 2.5% and 3% had increased. Therefore, he believes that more caution should be exercised when further interest rate cuts are made. Musalam had previously hinted that he supports the Federal Reserve's decision to cut interest rates by 50 basis points in September. Since September last year, the situation has changed, with stronger economic data and higher than expected inflation figures. @tiffanykim
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