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Videos CNBC

The Fed needs to see inflation fall more before cutting interest rates, Powell says

It seems investors will have to wait longer as the Fed is not confident about cutting interest rates, even though inflation is cooling off. Read more...

By: Quartz India
  • Jul 23 2024
  • 36
  • 349 Views
The Fed needs to see inflation fall more before cutting interest rates, Powell says
The Fed needs to see inflation
It seems investors will have to wait longer as the Fed is not confident about cutting interest rates, even though inflation is cooling off.
Federal Reserve Chair Jerome Powell stated on Tuesday tha… [+1641 chars]

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