{"id":133167,"date":"2024-07-15T19:51:50","date_gmt":"2024-07-15T16:51:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133167"},"modified":"2024-07-16T14:09:17","modified_gmt":"2024-07-16T11:09:17","slug":"breaking-fed-chair-gives-his-most-anticipated-interview-for-interest-rates","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/breaking-fed-chair-gives-his-most-anticipated-interview-for-interest-rates\/","title":{"rendered":"BREAKING: FED Chair Gives His Most Anticipated Interview on Interest Rates"},"content":{"rendered":"

Rubenstein is a renowned investor and philanthropist, co-founder of Carlyle Board, where Powell was a partner between 1997 and 2005.<\/p>\n

Powel said that this year the Fed expected the economy to gradually slow down as well as the labor market to cool off after being overheated for quite some time. And he said this is actually happening.<\/p>\n

Inflation data in Q1 saw no progress, whereas in Q2 there were 3 better readings, which has given better confidence, needed for the potential rate cuts.<\/p>\n