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Powell: Rate cuts likely after inflation is tamed

Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but that it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target. (March 6)

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Unique identifier: CP170177877

Legacy Identifier: 9683e14a3ef1415fb830d224b49d2091

Type: Video

Duration: 2m32s

Dimensions: 1920px × 1080px 186.17 MB

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Create Date: 3/6/2024 11:31:22 AM

Display aspect ratio: 16:9