Jerome Powell Rate Cuts 2024

Jerome Powell Rate Cuts 2024. Federal reserve chair jerome powell said on wednesday interest rates could be cut as soon as september if the u.s. Federal reserve chair jerome powell said the central bank isn't in a rush to cut interest rates even though inflation is getting closer to its 2% target.

Jay powell laid out the stakes for the us economy three months ago as the federal reserve advanced towards its first. One hopeful sign is that as powell and other fed officials have signaled that rate cuts are coming, many interest rates have already fallen in anticipation.