Jerome Powell Rate Cuts 2024

Jerome Powell Rate Cuts 2024. Although the federal reserve on wednesday left its benchmark interest rate unchanged, as widely expected, chair jerome powell said the time is drawing near. Chair jerome powell reinforced his belief that the federal reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is.


Jerome Powell Rate Cuts 2024

Powell noted again that lowering rates too quickly risks losing the battle against inflation and likely having to raise rates further, while waiting too long poses. Preston caldwell jul 27, 2023.

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