Powell: Cutting interest rates too late could weaken the economy too much
2024-07-31 18:53:38
Federal Reserve Chairperson Powell said that if the economy remains sound it is necessarydesk3cryptocurrencydesktopCrypto News
Federal Reserve Chairperson Jerome Powell has said he will keep interest rates on hold if necessary if the economy remains sound; is ready to respond if the labor market unexpectedly weakens; cuts too late could weaken the economy too much; and has yet to make any decisions about future meetings, including in September.
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