Nick Timiraos, often referred to as the "mouthpiece of the Federal Reserve," indicated that the Federal Reserve has hit the pause button on interest rate cuts, entering a new wait-and-see phase as it attempts to decide whether to lower rates from their recent twenty-year high and by how much. Prior to the decision to keep rates unchanged on Wednesday, the Federal Reserve had cut rates three times since September, when the rate was about 5.3%. The policy statement issued at the end of the two-day meeting made only slight modifications. The statement indicated that, in light of inflation remaining slightly above target and a solid labor market, they are satisfied with their stance on interest rates.
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“美联储传声筒”:美联储进入观望阶段,对利率立场感到满意
"Fed's mouthpiece": The Federal Reserve has entered a wait-and-see phase and is satisfied with its position on interest rates.
The translation is provided by third-party software.
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