Thursday, Oct 22, 2026
Focus on the big picture

Fed Reserve's Powell hints at interest rate hike pause

AP, 20 May 2023
(19 May 2023) Chair Jerome Powell is indicating that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation. (May 19)

Subscribe for more Breaking News: http://smarturl.it/AssociatedPress
Website: https://apnews.com
Twitter: https://twitter.com/AP
Facebook: https://facebook.com/APNews
Instagram: https://www.instagram.com/APNews/
​

You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/df5e7bd225da4adab25ab0d9fa965666
Related Articles