Powell said that it would not be apt to cut the bank's 5.25 per cent to 5.5 per cent target range until there was confidence that inflation is on track to fall to a 2 per cent goal.
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.