Dutch Bank: The Federal Reserve May Delay Rate Cut Decision Due to Investigation

GateNews

2026-01-12 10:01:32

ChainCatcher News reports that, according to Jinshi, Dutch bank economist Rogier Quadeveldeh stated in a report that an investigation into Federal Reserve Chairman Powell could impact the prospects of the Fed cutting interest rates in the short term. He pointed out that challenges to the independence of the Federal Reserve might prompt board members to adopt a tougher stance, delaying the rate cut decision. The investigation involves cost overruns in the Federal Reserve headquarters renovation project, and Quadeveldeh believes this is a means to pressure the Fed Chairman, potentially leading to a delay in rate cuts.

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