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❌INFLATION DATA UNDERMINES RATE CUT

❌INFLATION DATA UNDERMINES RATE CUT

Day: 09 | Time: 16:52:56 "The first quarter data did not support a greater confidence in the inflation trajectory that the Fed needed to cut interest rates. The incoming data will strengthen our confidence in the decrease of inflation. Last month's data shows that there is progress," says the President of the 🇺🇸 Fed, Jerome Powell.

NEW: "Q1 data didn't support greater confidence in the path of inflation that the Fed needed to cut interest rates.

Incoming good data will strengthen our confidence in the decline in inflation. Last month's data show that there is progress," says 🇺🇸 FED Chair Jerome Powell. pic.twitter.com/kDJojV0Oh4— Bitcoin News (@BitcoinNewsCom) July 9, 2024