Fed's Powell: Elevated inflation will likely delay rate cuts this year

Reuters

Center

High Factuality

Private Equity: The Woodbridge Company

Headline Unavailable

Associated Press News

Lean Left

High Factuality

Independent: Independent Media

Fed's Powell: Elevated inflation will likely delay rate cuts this year

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer

abc News

Lean Left

High Factuality

Media Conglomerate: The Walt Disney Company

Fed's Powell: Elevated inflation will likely delay rate cuts this year

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates

CNN

Lean Left

High Factuality

Media Conglomerate: Warner Bros. Discovery

Fed Chair Powell hints at no interest rate cut in May, keeping rates higher for longer

The US economy’s enduring strength and a “lack of progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, Federal Reserve Chair Jerome Powell said Tuesday.

NZ Herald

Center

High Factuality

Media Conglomerate: New Zealand Media and Entertainment

Elevated inflation will likely delay rate cuts this year, says Fed chair

Federal Reserve chair Jerome Powell cautioned on Tuesday (US time) that persistently elevated inflation will likely delay any Fed interest rate cuts until...