INSUBCONTINENT EXCLUSIVE:
signaling no immediate intent to lower interest rates.Speaking at a San Francisco event, he indicated that the current inflation data aligns
with Federal Reserve expectations.He stressed the importance of achieving a stable trajectory towards the 2% inflation target before
considering rate reductions.In February, the core Personal Consumption Expenditures (PCE) price index increased modestly by 0.3%, slowing
(Photo Internet reproduction)Despite an improved economy, Powell and the Fed remain cautious amid inflation retreat and robust consumer
though nearly half of the Fed officials foresee fewer adjustments.Powell also highlighted the importance of further indicators of
The investment community looks towards June for possible action.Additionally, he noted that unforeseen job market challenges could prompt a
quicker policy response, albeit viewing a recession as unlikely at this juncture.Fed Governor Christopher Waller expressed concerns over
recent inflation data.He suggested the need for possibly prolonged high interest rates or a reassessment of the extent of future rate
cuts.This perspective underscores the balancing act faced by the Fed in managing inflation expectations while mitigating economic
