Federal Reserve Chairman Powell, in his recent remarks, indicated that the possibility of maintaining interest rates at their current high levels for an extended duration exists, if deemed necessary. Nevertheless, certain members of the Federal Reserve went beyond this assertion and suggested that the neutral interest rate might have experienced an increase. This development has instilled apprehensions regarding the likelihood of additional rate hikes, despite widespread anticipation for rate cuts to commence. Stay updated on the most recent financial and business news by visiting COINTURK FINANCE.
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