Powell's Fed role crucial in 2024 election amid interest rate speculations
Saturday, 23 March 2024 Amidst ongoing speculations regarding interest rate decisions, Jerome Powell, who has been appointed as the Federal Reserve Chair by both Trump and Biden, continues to uphold the Fed's apolitical stance. In a recent hearing, when queried by Rep. Patrick McHenry about potential rate cuts, Powell's response underscored the Fed's focus on economic indicators: "really, it will depend on the economy."
Powell Says , Fed Remains Reluctant to Start , Lowering Interest Rates.
On March 6, Federal Reserve Chair Jerome Powell
said that interest rates will start to drop at
some point this year, without..
Credit: Wibbitz Top Stories Duration: 01:31Published
Saturday, 23 March 2024
![Powell Says Fed Remains Reluctant to Start Lowering Interest Rates [Video]](https://video.newsserve.net/300/v/20240306/1367896710-Powell-Says-Fed-Remains-Reluctant-to-Start-Lowering.jpg)
