Vosh: More inclined to consider interest rates as the dominant force

BlockBeats News, on April 21, the Federal Reserve Chair nominee, Worsh, said that, overall, the current economy is close to the level of full employment. The Federal Reserve’s balance sheet has played an adverse role in fulfilling its dual mandate. It is more inclined to treat interest rates as the leading force. If we cut interest rates, more people will benefit. The balance sheet needs to be gradually and cautiously reduced. (Jinshi)

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin