Summary
- Chair Jerome Powell said he suggested two-way possibilities regarding the interest-rate path.
- He said there was discussion of a rate hike at this meeting, but most participants do not see it as the baseline scenario.
- He said the possibility of a rate hike at the next meeting was actually mentioned, and that the Fed is maintaining a cautious stance of deciding policy based on the data.
Forecast Trend Report by Period
Federal Reserve Chair Jerome Powell suggested two-way possibilities regarding the interest-rate path.
According to CNBC on the 18th (local time), Powell said at a press conference, "There was discussion of a rate hike at this meeting, but most participants do not view that as the baseline scenario."
He added, "The meeting included discussion of potential two-sided risks around rates," and explained that "the possibility of rates being raised at the next meeting was also actually mentioned."
These remarks show the Fed is keeping both rate cuts and hikes on the table and maintaining a cautious stance of deciding policy based on the data.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![U.S., Israel bomb Iran’s largest gas field… oil prices jump [Lee Sang-eun’s Washington Now]](https://media.bloomingbit.io/PROD/news/1e12d5c6-bde4-4af2-ab75-9721312d3e9f.webp?w=250)
