Summary
- Fed Chair Jerome Powell stated that the recent FOMC meeting was quite successful.
- Waller and Bowman, who opposed maintaining the interest rates, are expected to present their views on a rate cut within two days.
- Chair Powell said that disagreements among members are not surprising and emphasized that various perspectives were discussed.
On the 30th (local time), according to CNBC, Jerome Powell, Chair of the Fed, evaluated that "this Federal Open Market Committee (FOMC) meeting was quite successful."
Chair Powell said, "Waller and Bowman, who opposed the rate hold, are expected to directly explain their views within two days," adding, "The two members judged that now is the time to cut rates."
He continued, "Disagreements among members are not surprising at all," and added, "As various perspectives were discussed, I believe this meeting was very meaningful."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
