On the recordJune 24, 2025
We will get to a place where we cut rates.
We will get to a place where we cut rates.
Powell suggests future rate cuts may occur if inflation remains controlled.
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More from Jerome Powell
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.