Powell: Federal Reserve on track to cut rates this year

WASHINGTON (AP) – Chairman 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.  Powell, in an interview recorded Thursday for the CBS news program “60 Minutes,” also said the nation’s

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber