Post Tagged with: "Powell"

Source: CNBC

Powell says it’s ‘highly unlikely’ the Fed will raise rates this year, despite stronger economy


Despite what he sees as a rapidly recovering economy, Federal Reserve Chairman Jerome Powell has reaffirmed the central bank’s commitment to keep loose monetary policy in place.

That includes a statement of near-certainty that interest rates won’t be going

April 12, 2021 - 3:00 pm Closing Bell Story‎, Economy, Finance