Fed Chair Powell says no need to rush in adjusting policy stance or cutting interest rates
Tuesday, 11 February 2025 () Federal Reserve Chair Jerome Powell emphasized a cautious approach to interest rate adjustments on Tuesday, citing persistent inflation and continued economic resilience. In prepared remarks for his testimony before the Senate Banking Committee, Powell signaled that the central bank sees no urgency to alter its current stance. βWith our policy stance now significantly less restrictive [β¦]
Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and a strong... IndiaTimes
Tuesday, 11 February 2025 ()
Federal Reserve Chair Jerome Powell emphasized a cautious approach to interest rate adjustments on Tuesday, citing persistent inflation and continued economic resilience. In prepared remarks for his testimony before the Senate Banking Committee, Powell signaled that the central bank sees no urgency to alter its current stance. βWith our policy stance now significantly less restrictive [β¦]