Jerome Powell Rate Cuts 2024. Those showed that policymakers thought they would lower rates by another half percentage point by the end of 2024. Federal reserve chair jerome powell has a tough task on wednesday as he wraps up the u.s.
“we intend to use our tools to keep it there.”. Chair jerome powell said in an interview broadcast sunday night that the federal reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as may.
