Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing
![Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing](https://mlopyzdnsnuy.i.optimole.com/cb:4wk5.1e3d8/w:auto/h:auto/q:mauto/ig:avif/id:43b4ffe00102d6272ae0768123000562/https://tvsevennews.com/15DC-POWELL-01-ctqk-mediumSquareAt3X-2FsOZ5feds-powell-welcomes-cooler-inflation-but-steers-clear-of-rate-cut-timing-2.jpeg)
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.