Powell: Inflation has slowed significantly, but remains above the 2% target
2024-07-09 14:09:18
Federal Reserve Chairperson Powell says inflation has slowed significantly above targetdesk3cryptocurrencydesktopCrypto News
Fed Chairperson Jerome Powell said inflation had slowed significantly, but remained above the 2 per cent target. Quarter 1 data "do not support" more confidence in the path of inflation, which is what the Fed needs to cut interest rates. GDP growth appears to have slowed in the first half of 2024.
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