A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.A man in a gray suit with a lavender tie smiles while sitting in a white chair on a stage with a blue wall behind him.
Jerome Powell, chair of the Federal Reserve, said Thursday that moderating inflation and a strong economy could allow the central bank to take time cutting rates. Credit…LM Otero/Associated Press
By Jeanna Smialek
Nov. 14, 2024
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