Section

US Fed’s Powell says inflation fight may take ‘longer than expected’

By Inquirer - a month ago
WASHINGTON — The US Federal Reserve’s ongoing fight against inflation could take “longer than expected,” the head of the US central bank said Tuesday, further paring back the chances of early rate cuts. The Fed has been battling rising prices with interest rate hikes since 2022, lifting its key lending rate to a 23-year high

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.