Federal Reserve Rate Cuts
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Federal Reserve Rate Cuts
FILE - Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, May 1, 2024. The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year. (AP Photo/Susan Walsh, File)
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![Federal Reserve Rate Cuts](/upload/6607562/ad21b6f0394c4d99bf1ee6c61a7a0807--1--75e6e50bbfa14afe8b1dac54ff34f85b.jpg?w=270&h=180)
FILE - Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, May 1, 2024. The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year. (AP Photo/Susan Walsh, File)