Fed Chair Powell Signals No Rush to Cut Interest Rates Amid Economic Stability
2025-02-11
CNN
Federal Reserve Chair Jerome Powell indicated that the US central bank is in no hurry to cut interest rates, citing a significantly less restrictive policy stance. This decision reflects the Fed's cautious approach to monetary policy, aiming to balance economic growth and inflation control. As the economy continues to show signs of stability, Powell's statement suggests that interest rates may remain steady for the time being, influencing the overall monetary policy and economic outlook. Key factors such as inflation rates and economic indicators will be closely monitored. The Fed's decision will have a significant impact on the US economy and financial markets.