The Fed chair does not see a rate hike coming but he acknowledged that recent setbacks on inflation mean the current rate policy will last for longer than anticipated.
The post Powell Says A Fed Hike Is βUnlikelyβ But Wait For Cuts Will Take Longer appeared first on Breitbart.
Jerome Powell spoke today from our nation's capital and indicated what we all know to be true: The Fed has no business cutting rates at this time.Β
The post Breitbart Business Digest: Powell Speaks and States the ObviousβNo Rate Cuts Are Coming appeared first on Breitbart.