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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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Information
Source name: 
The Associated Press
Unique identifier: CP170177877 
Legacy Identifier: 9683e14a3ef1415fb830d224b49d2091 
Type: Video 
Duration: 2m32s 
Dimensions: 1920px × 1080px     186.17 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 3/6/2024 11:31:22 AM 
Display aspect ratio: 16:9