Rate cuts still likely but Fed wants to see more evidence that inflation is tamed

    By
    -

    Fed Chair Jerome Powell doubled down on Wednesday that the central bank will cut its key interest rate this year but says he first wants to see more evidence that inflation is falling sustainably …


    Already an INSIDER? Sign in.

    We are glad you enjoy reading Business Report.

    Continue reading this story and get ACCESS to all our content from any device with a subscription now.
    • Get access to more than a decade of story archives.
    • Get access to our searchable data center of TOP LISTS.
    • Get exclusive content only available to INSIDERS.