Investors Direct their Attention towards US Inflation Data

In his recent address, Federal Reserve Chairman Powell expressed that, if needed, they could maintain interest rates at their highest level for a longer duration. However, certain members of the committee went a step further, suggesting that the neutral interest rate might have increased. This has sparked concerns of potential additional rate hikes, leaving everyone anticipating the commencement of rate cuts. For the most up-to-date financial and business news, visit COINTURK FINANCE.