Business

The FOMC should hold off on further cuts for a while, a former Fed member advises

Photo of admin adminJanuary 26, 2025
0 34 Less than a minute
Advertisements

Jan. 26, 2025 4:35 PM ETBy: Liz Kiesche, SA News Editor
FOMC Meeting Minutes word over Candlestick chart Forex background. Close up.

Caner CIFTCI

With CPI inflation running at 2.9% Y/Y

in December, the Federal Open Market Committee shouldn’t be considering another rate cut for a while, according to a former member of the FOMC.

In terms of the Federal Reserve’s mandate of maintaining

https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1252959500/image_1252959500.jpg?io=getty-c-w750

2025-01-26 21:35:05

Photo of admin adminJanuary 26, 2025
0 34 Less than a minute
Photo of admin

admin

Related Articles

Verizon clears $10M in debt for North Carolina residents impacted by Hurricane Helene

February 3, 2025

Johnson Controls International (JCI) Stock Forecasts

December 20, 2024

Citigroup removes DEI hiring policy, changes diversity department name

4 weeks ago

Stocks Are Rallying Ahead of the Fed Decision

2 days ago

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button