![](https://generationt.asia/wp-content/uploads/2024/07/1721245972148373.jpg)
Last week FED Chairman Jerome PowellFollowing the positive statements of the Bank on inflation, September is considered certain for the first interest rate cut, FOMC member John WilliamsNew statements came from.
Wall Street Journal’a konuşan Williams, He said the Fed was “getting close” to a point where it could start cutting interest rates but would not have enough data before its September meeting to prove inflation was on a sustainable path to 2%.
![](https://www.bitcoinsistemi.com/wp-content/uploads/2024/06/bitgetbanner.png.webp)
“Based on the data from the past three months and what we have seen (I will include June in this data), I think the data is getting us closer to the disinflationary trend that we are looking for.
“I want to see more data to gain more confidence that inflation is moving sustainably toward our 2% target. We have a few good months ahead of us now.”
Williams, who completely ruled out a rate cut in July “We will actually learn a lot between July and September. We will get two months of inflation data. That will give us good data for September.” said.
Williams also said he did not accept concerns that bringing inflation back to the Fed’s 2% target would be more difficult than bringing it back from its peak to current levels. “We actually saw a sharp decline in inflation.” said.
The Fed is expected to keep interest rates steady at the 5.25-5.5 percent range it has held for a year at its meeting on July 30-31. However, following Powell’s latest statements, markets are pricing in a rate cut in September.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Also Android ve IOS Download our apps and start tracking live prices now!
Source: https://www.bitcoinsistemi.com/fed-uyesi-faiz-indirimine-yaklastik-dedi-ilk-faiz-indirimi-icin-bu-tarihe-isaret-etti/