Institution: Fed Holds Steady in Wait-and-See Mode, Political Pressure for Rate Cuts Falls Flat
Svmuureported that Matthew Vegari, Head of Research at Clearwater Analytics' investment platform, stated in a report that the Fed's decision to keep interest rates unchanged at 3.50%-3.75% signals a continuation of its "wait-and-see" approach. A key takeaway from this meeting is that "the Fed is unwilling to 'look the other way' on energy-driven inflation in the same way it did with tariff-induced inflation in the past." He also noted that the White House's attempts to pressure the Fed into cutting rates have backfired, as Powell will temporarily remain in his position as a board member. "If the Fed were to cut rates amid accelerating inflation, such a decision would stem from a clear weakening of the labor market, not from political pressure." (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
-
2
Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
-
3
US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
-
4
Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
-
5
Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
-
6
Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
-
7
Bitcoin Spot ETF Status Review: Market Impact and Latest Data Post-Approval
-
8
Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
-
9
Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
-
10
SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
Markets Today
Recommended Reading



