Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Jeff Cox - CNBC - 11/02
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024 in Washington, DC. 
Chip Somodevilla | Getty Images

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank's commitment to bringing inflation down and signaled that policymakers aren't in a rush to push interest rates low...
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