BBCNEWS Asia July 5, 2024
by the federal chair. —— fed chair based on the meeting today, i would tell you that i dont think its likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powells words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at three rate cuts in 202a. however, mr powell said official...
Source: archive.org