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.
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.