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Federal Reserve Chairperson Jerome Powell: If we want to raise interest rates, we need to see evidence that policy is not sufficient to bring inflation down to our target level.

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2024-05-02 02:42:20
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Federal Reserve Chairperson Jerome Powell: If we want to raise interest rates, we need to see evidence that policy is not sufficient to bring inflation down to our target level.
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The Dow and Nasdaq expanded to 1 per cent and the S & P 500 gained 0.73 per cent as Federal Reserve Chairperson Jerome Powell said the next policy rate change was unlikely to be a rate hike.
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Federal Reserve Chairperson Jerome Powell: The next policy rate adjustment is unlikely to be a rate hike.

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