Federal Reserve Chairman Powell downplayed the possibility of tension with the incoming Trump administration and stated that he believes the decision-making body will act cautiously in the process of continuing to lower interest rates. "We are in a position to be a bit more cautious as we search for neutrality," Powell said when discussing the interest rate level that neither stimulates nor suppresses the economy. The Federal Reserve's decision-making body will hold a meeting on interest rates in Washington on December 17-18. As chairman, Powell did not disclose whether he advocates for a rate cut at that time. However, after his speech, several analysts indicated that they expect the Federal Reserve to cut rates by 25 basis points this month and then remain steady during the January meeting.
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鲍威尔未透露是否主张本月降息,相信自己会与特朗普政府相安无事
Powell did not disclose whether he advocates for a rate cut this month, believing that he will get along well with the Trump administration.
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