The Federal Reserve's Beige Book supports the view that interest rate cuts will take time
According to online reports, the Federal Reserve's Beige Book stated that employment in the United States is "resilient" and prices are growing at a moderate, moderate or constant rate. Such remarks may support the view that a rate cut will take some time. The Beige Book pointed out that "economic activity has changed little since the previous report, but uncertainty surrounding international trade policies is widespread in the report."
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
