Published 14:39 IST, April 18th 2024
Why US Fed is not likely to cut rates anytime soon? All you need to know
Powell's comment that the policymakers would wait longer than previously anticipated to cut rates not only impacted the US markets but also had a ripple effect
![Federal Reserve Chair Jerome Powell](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/ln37bsnanjophn7tfwikfbigdy-170978287803516_9.webp)
Federal Reserve Chair Jerome Powell | Image:
Reuters
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14:39 IST, April 18th 2024