Federal Reserve Chair Jerome Powell says it will likely be appropriate to ease policy at some point this year "if the economy evolves broadly as expected." He speaks at a news conference following the decision by the Fed's policy-setting Federal Open Market Committee to leave its benchmark rate unchanged.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-03-20/fed-pencils-in-three-rate-cuts-in-2024-shallower-path-ahead
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-03-20/fed-pencils-in-three-rate-cuts-in-2024-shallower-path-ahead