LIVE: Chair Jerome Powell speaks after Fed holds rates steady

Fed Chair Jerome Powell speaks after the Federal Reserve held interest rates steady and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-point reduction for the year amid rising estimates for what it will take to keep inflation in check.

#Live #Fed #FederalReserve #FedChair #JeromePowell #JayPowell #economy #InterestRates #inflation #rate #business #finance #news #Reuters