US Federal Reserve Chairman Stresses Economic Balance, Declines to Set Date for Interest Rate Cut
===============	
#36b7da54 ver:0.88

US Federal Reserve Chairman Jerome Powell declines to set a date for interest rate cut, emphasizing the need for more positive economic data and greater confidence in the direction of the economy. Powell warns that keeping rates high for too long may jeopardize economic growth. The Fed maintains borrowing costs at 5.25%-5.5% and projects five rate cuts by the end of 2025. #FederalReserve #InterestRates #EconomicGrowth...

#newstr #FederalReserve #JeromePowell #InterestRates #UsEconomy #Inflation #MonetaryPolicy 

 https://here.news/story/36b7da54?ver=0.88