 "Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.")
Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.
Federal Reserve Chair Jerome Powell stated that the U.S. economy is seeing slow but steady progress in reducing inflation, which could lead to further interest rate cuts. Speaking at a conference in Nashville, Powell emphasized that disinflation is becoming more widespread and indicated that the Fed’s target inflation rate of 2% is within reach. He ...
