Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing

Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing

The New York Times - Business:

Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.

This post first appeared in The New York Times - Business. Read the original article.