Jerome Powell says Fed can afford to be a little more cautious
Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell's cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.
Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell's cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.
