Powell says Fed will likely cut rates cautiously given persistent inflation pressures - Peer2Peer

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Nov 14, 2024

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next

https://abcnews.go.com/Business/wireStory/powell-fed-cut-rates-cautiously-persistent-inflation-pressures-115874254

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