Jerome Powell reiterates he has no plans to cut rates anytime soon
Jerome Powell, the governor at the Federal Reserve, inflation-is-easing-before-cutting-rates.html” rel=”nofollow noopener” target=”_blank”>threw a cold splash of reality on us this Wednesday, making it crystal clear he’s not about to hit the rate-cut button anytime soon. Yeah, you read that right. Despite the jitters and jitterbugs dancing around the idea of easing monetary policy, Powell’s standing…