Deep Tide TechFlow News, February 11 — According to Jinshi Data, Federal Reserve’s Smith supports keeping interest rates at a “somewhat restrictive” level. This could reduce reserve requirements and shrink the balance sheet. Further rate cuts may lead to persistent inflation.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Federal Reserve's Smith supports keeping interest rates at a "somewhat restrictive" level
Deep Tide TechFlow News, February 11 — According to Jinshi Data, Federal Reserve’s Smith supports keeping interest rates at a “somewhat restrictive” level. This could reduce reserve requirements and shrink the balance sheet. Further rate cuts may lead to persistent inflation.