"Fed Whisperer": The Fed is entering a wait-and-see phase and is satisfied with the current Interest Rate position.

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The Fed's pause in rate cuts has entered a wait-and-see phase, considering whether to cut the Intrerest Rate and by how much. It has cut interest rates three times in a row, and the Intrerest Rate is now at a near 20-year high. The policy statement was tweaked after the meeting, indicating satisfaction with the current economic situation.

On January 30, NickTimiraos, a reporter from The Wall Street Journal, known as the “Fed’s megaphone,” said that the Fed has pressed the pause button on interest rate cuts and entered a new wait-and-see phase. It is trying to decide whether to lower the Interest Rate from its recent two-decade high and by how much. Before the decision to maintain the Interest Rate on Wednesday, the Fed had cut interest rates three times in a row since September, when the Interest Rate was about 5.3%. Officials made only minor changes to the policy statement issued at the end of the two-day meeting. The statement indicated that they are satisfied with the Interest Rate stance in an economic situation where the inflation rate is still slightly above the target and the labor market conditions are stable.

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MaklarenLukakuvip
· 01-29 19:36
The Fed no longer knows what to come up with, but it's interesting
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