Federal Reserve Chair Warsh said at a July 30 press conference that the central bank does not need to remain at the center of market attention at all times, but it will move without hesitation when action is necessary and appropriate. He also pointed to a sharp rise in capital expenditures across the U.S. high-tech sector, saying investment growth in that area has been notably strong. The remarks paired a policy message on the Fed’s readiness to respond with an observation about accelerating spending by technology-focused businesses.
Federal Reserve Chair Warsh said at a press conference on July 30 that the central bank does not need to stay at the center of market attention at all times, but the Fed will act without hesitation when action is necessary and appropriate.
Warsh also said capital spending in the U.S. high-tech sector has surged, with investment growth in the area showing strong momentum.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
