WSJ: Powell Aims to Replicate Greenspan's Masterpiece of the 90
The Wall Street Journal commented that Powell's 50 basis point rate cut aims to replicate the masterpiece of former Federal Reserve Chairman Greenspan in the 1990s. The rate cut in 1995 laid the foundation for a soft landing of the U.S. economy and prosperity at the end of the decade.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google is building a software and hardware ecosystem to deploy its custom TPUs.
The HyperLiquid team has unstaked 2.6 million HYPE tokens, of which 609,000 were sent to an OTC platform.
Publicly listed company Prenetics increases its total bitcoin holdings to 504.
Trending news
MoreCrypto prices
More
