The Fed may have pumped so much money into the economy that it’s now taking way longer to cut rates

US Fed chair Jerome Powell has signaled a delay in expected interest rate cuts. He said the Fed needs more time to be confident that its fight against inflation is working. An analyst suggests excess money, a result of pandemic-era policies, may be drained from the economy this year. US Federal …

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The Fed may have pumped so much money into the economy that it’s now taking way longer to cut rates

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