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FOMC Holds Rates Steady, Awaiting Powell's Speech | Flash News Detail | Blockchain.News
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7/31/2024 6:03:43 PM

FOMC Holds Rates Steady, Awaiting Powell's Speech

FOMC Holds Rates Steady, Awaiting Powell's Speech

According to CryptoMichNL, the Federal Open Market Committee (FOMC) has decided to maintain the current interest rates, with no changes to the September rate cut policy as outlined in their documents. Future market movements will largely depend on the upcoming speech by Federal Reserve Chairman Jerome Powell and his forward-looking statements.

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Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast