Powell, 'appropriate interest rate cuts this year' - Breaking News. Interest rate cuts will likely be appropriate this year.
This was stated by Fed President Jerome Powell, reiterating that the Fed is in no hurry to reduce the cost of money until it is convinced that it has won the battle against inflation. (HANDLE) All rights reserved. Use the Daily Discussion to help people understand today's featured news stories. Back to the page you came from. Click here to read the original article.