Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
- The economy is strong, and the Federal Reserve can take time to monitor inflation, as stated by Fed Chair Jerome Powell.
- Inflation has shown persistence, leading the Fed to cut its key interest rate slowly and deliberately.
- Proposed policies of President-elect Donald Trump may significantly change the US economy, impacting the Federal Reserve's rate decisions.
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Coverage Details
Total News Sources0
Leaning Left16Leaning Right12Center22Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 32%
C 44%
R 24%
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