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Federal Reserve Chair Powell: Currently Not Seeing Stagflation, Not in a Hurry to Cut Interest Rates
2025-04-01 04:10
BlockBeats News, April 1st, Thomas Barkin, President of the Richmond Fed, said that clear information on the impact of tariffs will take some time to obtain. To cut interest rates, confidence in inflation is needed.
The stagnation of the 1970s was characterized by a mismatch in inflation expectations; but this is not currently seen. Concerned about inflation and employment. Not eager to cut interest rates.
The reduction of the balance sheet may be slower and last longer. (Kinjun)
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2025-04-01 21:57
2025-04-01 19:42
2025-04-01 21:28
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2025-04-02
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