Federal Reserve Chair Jay Powell told reporters today that achieving price stability in the U.S. economy was not a sure thing yet and dismissed suggestions that the Fed could soon cut interest rates.
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November 01, 2023
Powell ‘not confident’ Fed has done enough to quash inflation
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What the Senate wants to hear from Powell today
The Federal Reserve will announce its next interest rate move at 2 p.m. today. There’s not too much suspense about the outcome at this point, but Washington has other questions on its mind.
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Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more