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Fed Chairman Powell: An interest rate cut may be appropriate at some point this year

Fed Chairman Powell: An interest rate cut may be appropriate at some point this year

CointimeCointime2024/03/06 13:48
By:Cointime

Federal Reserve Chairman Powell stated that it may be appropriate to lower interest rates at some point this year; we expect that lowering policy rates will be inappropriate until we have greater confidence that inflation will sustainably move towards 2%.

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