CoinGape
2024-04-21 00:28:49

Economic Outlook Altered as Fed Rate Cut Delay Creates Market Imbalance

A delay in the Fed rate cut has spiraled uncertainty in the markets. According to Bloomberg, in response to a string of unexpectedly strong inflation readings, Federal Reserve Chair Jerome Powell hinted that US central bankers might delay lowering borrowing prices. This decreases the possibility of looser global policymaker actions. The strength of the US The post Economic Outlook Altered as Fed Rate Cut Delay Creates Market Imbalance appeared first on CoinGape .

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