Jerome Powell sticks with Fed#39;s cautious rate-cut strategy

While policymakers generally agree that rates can fall later this year, he said this will happen only when they “have greater confidence that inflation is moving sustainably down” to the Fed#39;s 2% target.

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​ While policymakers generally agree that rates can fall later this year, he said this will happen only when they “have greater confidence that inflation is moving sustainably down” to the Fed#39;s 2% target. While policymakers generally agree that rates can fall later this year, he said this will happen only when they “have greater confidence that inflation is moving sustainably down” to the Fed#39;s 2% target.  Moneycontrol Latest News Read More