Page 4 - Nathan Sheets News Today

The timing of those rate cuts, which would lead to lower borrowing costs for consumers and businesses, remains uncertain.

Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.

Chair Jerome Powell will enter this weeks Federal Reserve meeting in a more desirable position than expected: Inflation is getting close to the target rate, the economy is still growing at a healthy pace, consumers keep spending and unemployment is near a half-century low.

WASHINGTON (AP) — Chair Jerome Powell will enter this weeks Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation

WASHINGTON — Chair Jerome Powell will enter this weeks Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Feds

Chair Jerome Powell will enter this weeks Federal Reserve meeting in a more desirable position than expected: Inflation is getting close to the target rate, the economy is still growing at a healthy pace, consumers keep spending and unemployment is near a half-century low.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Chair Jerome Powell will enter this weeks Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Feds target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.

Most economists expect the first rate cut to occur in May or June

Most economists say they expect the first rate cut to occur in May or June, though a cut at the Fed's March meeting is not off the table.