)
Jerome Powell flags 'lack of further progress' on inflation
The US Federal Reserve on Wednesday held interest rates for the sixth straight time. The biggest takeaway from fed chief Jerome Powell's press conference was rate cuts were not around the corner. He flagged the 'lack of further progress' in curbing inflation as the main reason for the delay in rate cuts.
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)