Tate Norina

Jerome Powell Interest Rates 2024. Inflation still elevated, with progress merely ‘modest’. Jerome powell, chairman of the us federal reserve, right, during the kansas city federal reserve's jackson hole economic policy symposium in moran, wyoming, us, on friday, aug.

Powell, the federal reserve chair, suggested an interest rate cut could be on the horizon after the central bank held rates steady at its most recent meeting. Inflation still elevated, with progress merely ‘modest’.