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https://www.benzinga.com/economics/macro-economic-events/24/11/41843182/fed-cuts-rates-but-inflation-remains-elephant-in-the-room
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Fed Cuts Interest Rates, But Inflation Remains Elephant In The Room - Benzinga
11/8/24 at 1:34pm
Organization
Benzinga
Author
Surbhi Jain
Details
33 words
Summarize
Business & Industrial
Business News
Fed
Inflation Remains Elephant In The Room
Jay Powell
Fed cuts rates by 25 basis points, citing strong economy but persistent inflation. Powell signals more cuts but remains data-dependent.
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