deor
@psk
According to a report by Kingstone, analysts at LHMeyer wrote that Fed Chairman Powell's speech provided little new information, but offered a clue on how the Fed is considering its December resolution. Powell emphasized that the Federal Reserve will not respond to the expected policies of the Trump administration (which are believed to trigger inflation), but will focus on current data. This indicates that the Federal Reserve retains the freedom to continue cutting interest rates. Analysts believe that the Federal Reserve is most likely to cut interest rates by another 25 basis points next month. @drthsrdtgs
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