Federal Reserve Schmidt: If inflation continues to be low, cutting interest rates is an appropriate move
Federal Reserve's Schmidt stated that if inflation continues to remain low, it is appropriate to cut interest rates; we are close to the inflation target, but "it has not been fully achieved"; he supports reforms in order for the Federal Reserve's discount window tool to be more effective; the discount window can serve as a liquidity risk management tool; despite weak employment reports in July, economic growth and demand remain strong; the current policy stance of the Federal Reserve is "not so restrictive".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain exchange once posted "Opensea public sale next week," but later deleted it.

Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%