Powell Says Fed Will ‘Proceed Carefully’ on Any Further Rate Rises

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Federal Reserve Chair Jerome Powell cautioned that past interest-rate increases had yet to fully slow the economy, an argument for holding rates steady for now.

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/economy/central-banking/powell-says-fed-will-proceed-carefully-on-any-further-rate-rises-31b6fc6aFed chair notes economy hasn’t cooled as expected and says signs of more strength could warrant additional actionWatch live coverage of remarks from Federal Reserve Chair Jerome Powell at the Kansas City Fed’s Jackson Hole Economic Policy Symposium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in LOANS

Loans Loans Latest News, Loans Loans Headlines