Jerome Powell says Fed will likely cut rates cautiously given persistent inflation pressures
At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation.
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and ...
The Manila Times on MSN13h
Fed officials wary as they weigh additional rate cuts
AFTER a scare earlier this year that the US labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back to inflation risks as they weigh when, and how ...