Fitch: The Federal Reserve fully supports employment and will tolerate higher inflation in the short term
ChainCatcher news, according to Jinshi reports, Olu Sonola, the head of U.S. economic research at Fitch, stated that the Federal Reserve is now fully supporting the labor market, clearly signaling that it will enter a decisive and aggressive rate-cutting cycle in 2025. The message is very clear: growth and employment are the top priorities, even if it means tolerating higher inflation in the short term.
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