Fed’s Jerome Powell Dampens Hope for Big Rate Cut This Year, Says Policy To Move Toward Neutral Stance
October 02 2024 - 12:55PM
The Daily Hodl
U.S. Federal Reserve Chair Jerome Powell anticipates future
monetary policy will evolve into a more “neutral stance.” While
speaking at an economics event in Nashville earlier this week,
Powell said the economy looks “strong overall.” He noted there were
roughly equal levels of risk associated with the Fed’s goals of
reducing inflation and keeping the […]
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