Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut ...

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"The economy is strong overall and has made significant progress toward our goals over the past two years," Powell said, with ...

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We know that reducing policy restraint too fast or too much could hinder progress on inflation,” Powell said in prepared testimony for the Senate Banking Committee.

Fed Chair Jerome Powell signals no rush to cut interest rates as inflation stays above 2%. Markets expect rates to remain ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.