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Fed's Powell Rethinks Rate Cuts in 2024
News April 19, 2024 at 03:23 PM
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What You Need To Know
- Federal Reserve Chair Jeome Powell's lack of urgency to adjust rates echoes that of his colleagues.
- Austan Goolsbee, head of the Chicago Fed, said progress on inflation has stalled out.
- Some policymakers are increasingly coming around to the idea that the post-pandemic economy is fundamentally different from the years leading up to it.
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