The Fed may have pumped so much money into the economy that it’s now taking way longer to cut rates
April 17, 2024 at 09:33 AM EDT
US Fed chair Jerome Powell has signaled a delay in expected interest rate cuts. He said the Fed needs more time to be confident that its fight against inflation is working. An analyst suggests excess money, a result of pandemic-era policies, may be drained from the economy this year. US Federal … Source
