Powell: No Anticipated Rate Cut In March
Decision on interest rate reductions will be assessed on a month-to-month basis, as Powell expresses growing confidence in inflation control.
Decision on interest rate reductions will be assessed on a month-to-month basis, as Powell expresses growing confidence in inflation control.
Despite mounting pressures, the central bank remains cautious as housing and mortgage sectors show signs of stagnation.
Despite recent drops in inflation, Powell hints at potential rate hikes; emphasizes the need for a stable economy amidst accelerated growth risks.
Powell emphasizes cautious approach to inflation management, despite robust economic indicators.
Concerns rise over impact on housing sector and potential economic downturn