Powell: The timing and pace of rate cuts will depend on the balance of data, outlook, and risks
2024-08-23 14:05:30
League of America Reserve Chairperson Powell Jackson Hole on Inflation Returndesk3cryptocurrencydesktopCrypto News
At its annual meeting in Jackson Hole, Federal Reserve Chairperson Jerome Powell said confidence in a return to 2 per cent inflation was growing and that he would do all he could to support a strong labour market while making further progress towards price stability. The timing and pace of rate cuts will depend on the balance of data, outlook and risks.
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