Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates


Key Points
  • Federal Reserve Chairman Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates.
  • “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in Dallas.



Source

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