Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation. [Source]
Publication Date:Origin: nytimes.com
Category: Banking and Financial Institutions
Topics: inflation, elevated, persistence, growth, uncertainties, stressed, policymaker, bank’s, central, along, chair, Period, Longer, Could, Rates, Interest, Suggests, Powell
Source: https://www.nytimes.com/2024/04/16/business/powell-interest-rates-inflation.html