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🗞️Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

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Title: Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Summary: Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.

Author: Jeanna Smialek
PublishedDate: 2024-03-29
Category: USA
NewsPaper: NYT - Business and Economy
Tags: Interest Rates, Federal Reserve System, Powell, Jerome H, Banking and Financial Institutions, United States Economy, Inflation (Economics), Presidential Election of 2024, United States Politics and Government
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