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Federal Reserve chair signals interest rate cuts may be delayed, cites stubborn inflation

Published April 18, 2024 at 5:33 AM PDT

The Federal Reserve is signaling it won’t be cutting interest rates as it had planned. Fed Chair Jerome Powell said they’re focusing on bringing down inflation.

We discuss what that means for your pocketbook with Ali Velshi, MSNBC anchor and chief economics correspondent.

This article was originally published on WBUR.org.

Copyright 2024 NPR. To see more, visit https://www.npr.org.