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The Fed needs to see inflation fall more before cutting interest rates, Powell says

It seems investors will have to wait longer as the Fed is not confident about cutting interest rates, even though inflation is cooling off. Read more...

By: Quartz India

Jul 23 2024
36
349 Views

The Fed needs to see inflation fall more before cutting interest rates, Powell says

It seems investors will have to wait longer as the Fed is not confident about cutting interest rates, even though inflation is cooling off.
Federal Reserve Chair Jerome Powell stated on Tuesday tha… [+1641 chars]

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Starbucks' new CEO will have the use of a private jet from California to Seattle every week to meet its RTO rules