Powell Cites Fed’s Progress on Inflation but Offers No Timing for Rate Cuts

Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts. United States Economy, Inflation (Economics), Interest Rates, Economic Conditions and Trends, Lagarde, Christine, Powell, Jerome H, European Central Bank, Federal Reserve System Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts. NYT > Business

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