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Fed Chairman Powell: I don’t think the next move may be a rate hike | Binance Morning News (May 15)
● The monthly rate of PPI in the United States rose to 0.5% in April
According to Jinshi.com, the U.S. Producer Price Index (PPI) rose by 0.5% month-on-month in April, exceeding the expected 0.30% and higher than the previous value of 0.20%.
● Fed Chairman Powell: I don’t think the next move may be to raise interest rates
According to Odaily Planet Daily, Federal Reserve Chairman Powell said in a speech that the US PPI data is actually quite mixed, and it is uncertain whether inflation will continue. Restrictive policies may take longer than expected to work to reduce inflation. The United States will reduce the inflation rate back to 2%. Restrictive policies may take longer than expected to work to reduce inflation. In many ways, the policy interest rate is restrictive. It is not believed that the next move may be a rate hike, and it is more likely that the policy interest rate will be maintained at the current level.
According to Jinshi.com, the U.S. Producer Price Index (PPI) rose by 0.5% month-on-month in April, exceeding the expected 0.30% and higher than the previous value of 0.20%.
● Fed Chairman Powell: I don’t think the next move may be to raise interest rates
According to Odaily Planet Daily, Federal Reserve Chairman Powell said in a speech that the US PPI data is actually quite mixed, and it is uncertain whether inflation will continue. Restrictive policies may take longer than expected to work to reduce inflation. The United States will reduce the inflation rate back to 2%. Restrictive policies may take longer than expected to work to reduce inflation. In many ways, the policy interest rate is restrictive. It is not believed that the next move may be a rate hike, and it is more likely that the policy interest rate will be maintained at the current level.
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