News@lemmy.world · 2 months ago

Powell signals Fed may cut rates soon even as inflation risks remain

www.detroitnews.com

Powell signals Fed may cut rates soon even as inflation risks remain

www.detroitnews.com

Tony Bark@pawb.social to

News@lemmy.world · 2 months ago

The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors upcoming rate decisions.

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2 months ago
Trump’s tarrifs caused inflation, but Trump wants a rate cut to paper over the economic damage for a little longer.

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