• 11/13/2024

Fed Chair Powell said he was pleased with how inflation had resumed a downward trend, but said it was too soon to say whether the central bank might be able to lower interest rates by the end of the summer.

Wall Street Journal

Fed Chair Powell said he was pleased with how inflation had resumed a downward trend, but said it was too soon to say whether the central bank might be able to lower interest rates by the end of the summer.

https://www.wsj.com/economy/central-banking/powell-says-fed-has-made-a-lot-of-progress-on-inflation-37c2862c