Powell Suggests No November Rate Hike: Voices Inflation Concerns
Balancing Act: Powell’s Cautious Outlook on Rate Hikes Amid Inflation Concerns A Cautious Approach: Powell emphasized the Federal Reserve’s careful stance in his speech. He mentioned, “given the uncertainties and risks, and how far we have come, the committee is proceeding carefully.” This signals that a rate hike in the upcoming November meeting might not […]
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