Federal Reserve holds rates steady: Policy divergence with ECB widens
Forrás:
Euronews.com
3 hónapja
The Federal Reserve maintained interest rates at 4.25%-4.50% during its January meeting, following three rate cuts. The US economy shows resilience, but inflation remains elevated, leading to a cautious approach. The Fed's future rate cuts will depend on economic data, contrasting with the European Central Bank's pressure to cut rates. Fed Chair Jerome Powell emphasized careful consideration for any further cuts, while the German government downgraded its economic growth forecast. The euro weakened against the dollar amid these developments. Teljes cikk (Euronews.com)