18-04-2024 21:47 via finance.yahoo.com

WRAPUP 1-Fed policymakers coalesce around 'no rush' on rate cuts

Federal Reserve policymakers are coalescing around the idea of keeping borrowing costs where they are until perhaps well into the year, given slow and bumpy progress on inflation, and a still-strong U.S. economy.view articulated in February by Fed Governor Christopher Waller and since echoed by many of his colleagues."I definitely don't feel urgency to cut interest rates" given the strength of the economy, Williams said at the Semafor's World Economy Summit in Washington.
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