Powell Signals Prolonged Fed Pause as Inflation Lags, Risks Loom | Auto Finance News | Auto Finance News

Powell Signals Prolonged Fed Pause as Inflation Lags, Risks Loom

Federal Reserve Chairman Jerome Powell said interest rates could be on hold for “some time” as global risks weigh on the economic outlook and inflation remains muted. “We don’t see data coming in that suggest that we should move in either direction. They suggest that we should remain patient and let the situation clarify itself […]

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