Powell Signals Pause in Fed Rate Cuts Amid Inflation Concerns

Federal Reserve Chair Jerome Powell signaled the central bank is proceeding with caution after a rate cut to 3.75%-4%. Powell says another cut in December isn’t guaranteed, citing delays in government data and ongoing inflation concerns. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.