Fed does not need to 'be in a hurry' to lower rates: Powell
- Posted on November 14, 2024
- By AOL
- 1 Views
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the Fed would be 'watching carefully' to make sure certain inflation measures stay within an acceptance range.