Powell Says Latest Inflation Data ‘In Line With Expectations’
==========

Federal Reserve Chair Powell reiterated that the US central bank isn’t in any rush to cut interest rates. He stated, 'We don’t need to be in a hurry to cut,' during an event at the San Francisco Fed. The latest inflation data is in line with expectations, and Powell believes that inflation will continue to ease on a 'sometimes bumpy' path.

#FederalReserve #InterestRates #Inflation

https://www.bloomberg.com/news/articles/2024-03-29/powell-says-latest-inflation-data-in-line-with-expectations