Powell: There is not much confidence in whether interest rates will be cut this year
2024-05-01 19:17:16
Fed Chairperson Jerome Powell said there is not much confidence in whether interest rates will be cut this year and it is not known whether inflation will fall enough to cut rates. Given the current situation, think the Fed's policy stance is in a good position. Think there is no stagflation problem considering growth or inflation. Witness a year of very high productivity growth in 2023.
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