Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation, analysts say
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Powell likely to signal that lower inflation is needed before Fed would cut rates
After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year
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Powell likely to signal that lower inflation is needed before Fed would cut rates
Powell likely to signal that lower inflation is needed before Fed would cut rates
-
Powell likely to signal that lower inflation is needed before Fed would cut rates
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end their latest policy meeting Wednesday, will be: Will they still signal rate cuts at all this year? Wall