Powell speech: Will not be appropriate to cut rates this year according to our current outlook

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Powell speech: Will not be appropriate to cut rates this year according to our current outlook
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Powell speech: Will not be appropriate to cut rates this year according to our current outlook – by eren_fxstreet Fed CentralBanks

comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 4.5-4.75% following the first policy meeting of 2023."The global picture is improving a bit.""State and local governments are flush, so that will also support.""Those factors will support positive growth this year.

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