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Powell Says Fed Has Time to Assess Data Before Deciding to Cut

Federal Reserve Chair Jerome Powell signaled policymakers will wait for clearer signs of lower inflation before cutting interest rates, even though a recent bump in prices didn’t alter their broader trajectory.


  • Apr 03 2024
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Powell Says Fed Has Time to Assess Data Before Deciding to Cut
Powell Says Fed Has Time to Assess Data Before Deciding to Cut
(Bloomberg) — Federal Reserve Chair Jerome Powell signaled policymakers will wait for clearer signs of lower inflation before cutting interest rates, even though a recent bump in prices didn’t alter their broader trajectory. Read More

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