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Powell may provide hints of whether Federal Reserve is edging close to rate cuts

WASHINGTON (AP) — Two weeks ago, Chair Jerome Powell suggested that the Federal Reserve was “not far” from gaining the confidence it needed that inflation was headed sustainably toward its 2% target level, which would allow it to st


  • Mar 20 2024
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Powell may provide hints of whether Federal Reserve is edging close to rate cuts
Powell may provide hints of whether Federal Reserve is edging close to rate cuts
WASHINGTON (AP) -- Two weeks ago, Chair Jerome Powell suggested that the Federal Reserve was "not far" from gaining the confidence it needed that inflation was headed sustainably toward its 2% target level, which would allow it to start cutting its benchmark interest rate. Read More

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