Fed's Powell: Likely Appropriate to Cut Rates This Year
March 6, 2024
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5:13Now PlayingFed's Powell: Likely Appropriate to Cut Rates This Year
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as posted by the channel"The committee does not expect that it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%," Federal Reserve Chair Jerome Powell says during testimony before the House Financial Services Committee.
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