Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a level above their 2% target, they're downgrading their outlook for interest rate cuts.
#federalreserve #jeromepowell
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Summary
Title
LIVE: Federal Reserve Chair Jerome Powell gives briefing after decision on interest rates (Video)
Description
Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a level above their 2% target, they're downgrading their outlook for interest rate cuts. #federalreserve #jeromepowell