My Blog

Powell Signals Fed May Cut Rates Soon Even As Inflation Risks Remain

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.

Source: Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts