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Powell Backpedals on Rate Cuts, Citing Stubborn Inflation

by Phil Hall | Apr 17, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Jerome Powell is no longer hinting that multiple rate cuts are likely later this year. According to combined media reports, Powell used a question-and-answer session during a forum in Washington, D.C., yesterday on U.S.-Canada economic...

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