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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