30 September 2024

Powell Says Fed Doesn't Feel Like It's in a Hurry to Cut

 


NASHVILLE, Tennessee, Sept 30 (Reuters) - Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending. 




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Powell Says Fed Doesn't Feel Like It's in a Hurry to Cut

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