realcaseyrollins to Business@lemmy.worldEnglish · 3 months ago

Powell indicates further rate cuts, but insists the Fed is 'not on any preset course'

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Powell indicates further rate cuts, but insists the Fed is 'not on any preset course'

realcaseyrollins to Business@lemmy.worldEnglish · 3 months ago

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The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.

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AwkwardLookMonkeyPuppet@lemmy.world
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3 months ago
What? Didn’t they already announce a few months ago that they have 3 rate cuts planned?
- realcaseyrollinsOP
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  3 months ago
  I don’t remember that. Maybe they did and others forgot too.

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