Powell dismisses possibility of July rate cut
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币界网报道：When asked whether the Fed is ready to cut interest rates again at its next meeting in July, Federal Reserve Chairman Jerome Powell rejected the question during congressional testimony. "I don't want to point to one meeting. I don't think we need to rush it," Powell said. Republican Rep. Mike Lawler pressed Powell on why the Fed has chosen not to cut rates even as inflation cools, echoing President Trump's criticism of the Fed chairman.
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