Powell, the economy is strong, there is no rush to cut rates. Fed President reiterating that the central bank wants to have greater confidence in a sustained drop in prices before reducing the cost of money.
(HANDLE) The economy isStrong and there isNo need to rush with rate cuts. All rights reserved. All information is from ANSA and its media partner, The Associated Press. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or click here.