Powell says Fed wants to see 'more good inflation readings' before it can cut rates
Federal Reserve Chair Jerome Powell said in March 2024 that the Fed still expected to cut interest rates that year, but not until it saw "more good inflation readings" and was more confident that price increases were falling toward its target.
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National8 articles from 8 sources across the spectrum· Updated 914d ago
3 across the spectrum · tap a section to jump
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Left
1 viewpointRan by 6 outlets across the spectrum· Minneapolis Star Tribune, Portland Press Herald, +1 more
Center
0 viewpointsSame wire story as other lanes. No original Center take here.
Ran by 6 outlets across the spectrum· KOB 4, WOWK Charleston
Right
2 viewpointsPowell says Fed wants to see 'more good inflation readings' before it can cut rates - The Daily Reporter
Fed’s Jerome Powell keeps interest rate-cut outlook despite stalling inflation data: ‘What we were expecting’
Powell says Fed wants to see 'more good inflation readings' before it can cut rates