Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief said that recent economic data has undoubtedly shown the U.S. economy’s resilience and strong performance over the past year, especially in…
The post Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data appeared first on RISMedia.
