Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet

Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.

​Read More Banking and Financial Institutions, Prices (Fares, Fees and Rates), Labor and Jobs, United States Economy, Inflation (Economics), Interest Rates, Powell, Jerome H, Federal Reserve System, House Financial Services Committee