The President of the Federal Reserve announced important statements after maintaining interest rates, confirming that the expectations of an economic recession in America remain weak. The Federal Reserve anticipates two interest rate cuts in 2025 due to weak economic growth, but it does not need to rush into lowering interest rates.
He also confirmed that the American economy is strong but inflation remains high, and there is a degree of uncertainty affecting economic forecasts. The Federal Reserve believes that the labor market has not been and is not a cause of inflationary pressures, and long-term inflation expectations are 2%.
It is worth noting that the Federal Reserve intends to maintain a tight monetary policy for a longer period if the economy continues to be strong, and it will do its utmost to achieve its inflation goals and the optimal utilization of the labor market.
