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Apr. 3, 2024: Fed's Powell emphasized need for more evidence that inflation is easing before rate cuts.

  • Andrew Belcher
  • Apr 27, 2024
  • 1 min read

Fed Chair Powell indicated that with the strength of the economy as of late, more time is needed to evaluate the incoming date. "We do not expect it will be appropriate to lower our policy rate until we have greater confidence inflation is moving sustainably down toward 2 percent..."


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