slotomaniafreedownload| Blackstone President: U.S. Economic Growth Will Slow Down Federal Reserve May Cut Rates Only Once This Year

Blackstone President Jon Gray expects U.S. economic growth to slow as stubborn inflation puts pressure on the Fed's ability to begin easing monetary policy. Jon Gray said: "slotomaniafreedownloadWe believe economic growth is slowing down. Central banks will be slow to cut interest rates because they don't want to see inflation rise." "The Fed will be patient and they will probably cut rates only once this year."

Markets are reassessing the economic trajectory as Fed policymakers say U.S. interest rates may remain at 20-year highs for longer than previously expected to reduce price pressures. Federal Reserve Chairman Powell said last week that more work needs to be done to increase confidence that inflation will return to the 2% target.

Jon Gray said his expectations for economic growth were below consensus, but added that he believed "there would be no 'cliff' but a continuous slowdown in economic growth, with inflation continuing to fall, but at a slower pace." At the same time, Jon Gray said that restricted interest rates and the resulting slowdown in trading often create good buying opportunities.

Tags:

Prev: commonpowerballnumbers| Will insurance premiums for self-driving cars be lower?
Next: freepokerslots| The price of the main contract of white sugar futures 2409 rose: the price of Guangxi spot companies was raised to 6510-6550 yuan/ton