CoinVoice Latest reports that, according to a post on social media, "A Reserva Federal (FED) megafone" Nick Timiraos stated that the Federal Reserve Chairman Powell has taken a "strong defensive stance" on whether to cut interest rates in September. When asked a leading question about "what circumstances would trigger a rate cut in September," Powell replied, "I will not provide a specific answer. We need to observe the evolution of data, and there are multiple possibilities. We will make decisions based on a comprehensive data analysis and risk balance assessment." As the Potomac Research Company often says: if we are hungry, we will naturally eat.
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CoinVoice Latest reports that, according to a post on social media, "A Reserva Federal (FED) megafone" Nick Timiraos stated that the Federal Reserve Chairman Powell has taken a "strong defensive stance" on whether to cut interest rates in September. When asked a leading question about "what circumstances would trigger a rate cut in September," Powell replied, "I will not provide a specific answer. We need to observe the evolution of data, and there are multiple possibilities. We will make decisions based on a comprehensive data analysis and risk balance assessment." As the Potomac Research Company often says: if we are hungry, we will naturally eat.