Powell likely to signal that lower inflation is needed before Fed would cut rates
KIFI - 2024-05-01T04:01:06.000Z

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

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Fed interest rate cuts likely to be pushed back amid high inflation

Affluent Americans are driving US economy and likely delaying need for Fed rate cuts

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