Fed Chair Jerome Powell Says Officials Dont See Rate Cuts This Year

Last updated: June 9, 2025, 01:05

Fed Chair Jerome Powell Says Officials Dont See Rate Cuts This Year

Jerome Powell says Fed Isn't in Hurry to Cut Interest

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Powell says no need for Fed to rush rate cuts given strong economy

Ongoing economic growth

Just ahead of Federal Reserve Chair Jerome Powell's testimony, one of the central bank's top officials said it might be appropriate to postpone the next rate cut for some time.

Ongoing economic growth, a solid job market, and inflation that remains above its 2% target mean the Federal Reserve does not need to rush to lower interest rates, Fed Chair Jerome

Fed Chair Jerome Powell says no rush on interest rate

Jerome H

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Jerome H. Powell, the chair of the Federal Reserve, said that a solid economy with low unemployment, robust consumer spending and strengthening business investment gave the central bank room

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Interest rates in America: Fed chairman Jerome Powell