According to the latest dot plot, the Fed expects to cut interest rates only twice in , each by 25 basis points, compared with four cuts forecast in September.
Powell said that day: "The slower pace of rate cuts next year actually reflects the rise in inflation data this year and the rise in inflation expectations. We will pay attention to further progress in inflation and the continued strength of the labor market. As long as the economy and the labor market are solid, we can remain cautious."
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Creating countless happy memories for 5.8 million people
HONG KONG , Dec. 20, PRNewswire Title sponsored by AIA Hong brazil phone number list Kong AIA, the city's most anticipated winter extravaganza, "AIA Carnival", opened grandly at the Central Harbourfront Event Space to celebrate its 10th birthday. The carnival will be held from December 20, to February 16, . Citizens and tourists are sincerely invited to join in celebrating this grand event spanning Christmas, New Year and Lunar New Year.
From left AIA Hong Kong & Macau Chief Customer and Marketing Officer, Ms. Margaret Wong, AIA Hong Kong & Macau Chief Executive Officer, Mr. David Fung, and event organizer Great China Entertainment Group Chief Executive Officer, Mr. Randy Bloom, together with a group of performing artists, celebrated the 10th birthday and grand opening of AIA Carnival.