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Fed Chairman Powell Suggests Potential Rate Cut Review in December

BitcoinWorld LogoBitcoinWorld2w ago

Fed Chairman Powell Suggests Potential Rate Cut Review in December - BitcoinWorld

Quick Summary:

With inflation showing signs of gradual moderation, the Fed’s “wait-and-see” strategy reflects its desire to avoid premature actions that could disrupt economic stability.

The Fed’s focus on reaching its 2% inflation target underscores the importance of careful management in shaping the economic landscape for the future.

With inflation showing signs of moderation, the possibility of rate cuts has garnered attention from analysts and investors alike, who view it as a potential boost for both the economy and financial markets.


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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 16:36:25 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1364 words

Reading Time: 8 minutes read

Sentences: 58 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23471942

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 44 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Fed Chairman Powell Suggests Potential Rate Cut Review in December" was covered 2 weeks ago by BitcoinWorld, a news publisher based in India.

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BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 44 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23471942
  • URL: https://beamstart.com/news/fed-chairman-powell-suggests-potential-17310846075

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