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Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet

Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Federal Reserve System, House Financial Services Committee, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Prices (Fares, Fees and Rates), United States Economy
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