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Fed Chair Jerome Powell: ‘Growing confidence’ inflation cooling, more rate cuts possible – USA TODAY

Source link : https://thenewsguy.net/2024/10/01/news/fed-chair-jerome-powell-growing-confidence-inflation-cooling-more-rate-cuts-possible-usa-today/

In a statement on Wednesday, Federal Reserve Chair Jerome Powell expressed optimism that inflation pressures are subsiding, fueling speculation of more interest rate cuts in the near future.

The post Fed Chair Jerome Powell: ‘Growing confidence’ inflation cooling, more rate cuts possible – USA TODAY first appeared on The News Guy.

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Author : The News Guy

Publish date : 2024-10-01 09:35:46

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