Jerome Powell Rate Cuts

Jerome Powell Rate Cuts. Central bank chief jerome powell said the historic tightening of monetary policy is likely. Federal reserve chair jerome powell said the central bank isn't in a rush to cut interest rates even though inflation is getting closer to its 2% target.


Jerome Powell Rate Cuts

As gratifying as it is that inflation has begun to slow, the central bank is nowhere near. Washington (ap) โ€” federal reserve officials will likely reduce their benchmark interest rate later this year, chair jerome powell said wednesday, despite recent reports.

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