{"id":133206,"date":"2024-07-15T21:15:03","date_gmt":"2024-07-15T18:15:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133206"},"modified":"2024-07-16T14:07:47","modified_gmt":"2024-07-16T11:07:47","slug":"jerome-powell-commented-on-future-rate-cuts-here-is-what-he-said","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/jerome-powell-commented-on-future-rate-cuts-here-is-what-he-said\/","title":{"rendered":"Jerome Powell Commented on Future Rate Cuts – Here is What He Said"},"content":{"rendered":"

He stressed that Fed wants to get this right, so that is why they aren\u2019t in a rush for rate cuts before solid data, especially after the particularly weak Q1 reports.<\/p>\n

Rubenstein asked when the time comes for Fed to cut interest rates, does Powell think that they will go back to years ago to the \u201cfree money period\u201d when interest rates were almost zero.<\/p>\n

Powell said that the period between global financial crisis (2007\/2008) and the Covid pandemic was historically unusual with very low interest rates through that era.<\/p>\n