Powell: Fed in No Rush To Cut Rates; Will Move Faster Or Slower As Data Dictate …
– Powell Sees No More than 50 Basis Points of Further Cuts by End-2024 By Steven K. Beckner (MaceNews) – Federal Reserve Chair Jerome Powell said Monday that he and his fellow monetary policymakers will adjust the pace of future interest rate cuts based upon the pace of economic growth, employment and inflation, but are […]