US Federal Reserve Chairman Stresses Economic Balance, Declines to Set Date for Interest Rate Cut
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#36b7da54 ver:0.89

Federal Reserve Chair Jerome Powell declines to set a date for interest rate cut, emphasizing the need for greater confidence in the economy. Powell warns that keeping rates high for too long could threaten economic growth. The Fed maintains borrowing costs unchanged at 5.25-5.5% and projects one rate cut this year. Inflation has eased, but more evidence is needed. The Fed will closely monitor CPI and PPI data. #FederalReserve #InterestRates #EconomicGrowth...

#newstr #FederalReserve #InterestRates #UsEconomy #JeromePowell #Inflation #RateCut #BaselIii #BankingRegulation 

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