US Fed Reserve Chair Powell (CR)
Federal Reserve signals interest rate cuts aren't imminent, leaves them unchanged
By AP News
Published - Jan 31, 2024, 04:00 PM ET
Last Updated - Jan 31, 2024, 04:00 PM EST
The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown confident that they're close to fully taming inflation. (Jan. 31)