• 09/22/2024

Stronger-than-anticipated economic activity this year hasn’t changed the Fed’s broad expectation that declining inflation will allow for interest-rate cuts this year, Powell said.

Wall Street Journal

Stronger-than-anticipated economic activity this year hasn’t changed the Fed’s broad expectation that declining inflation will allow for interest-rate cuts this year, Powell said.

https://www.wsj.com/economy/central-banking/powell-still-sees-room-for-the-fed-to-cut-rates-this-year-6621eb27