Fed opens door to future rate cut

Jerome Powell gives testimony
Jerome Powell
Federal Reserve

The Federal Reserve kept rates unchanged today (June 19), but signalled a rate cut could be a possibility later this year.

In its post-meeting statement, the Federal Open Market Committe said “uncertainties” around the outlook for inflation and employment had increased.

The FOMC dropped previous wording about adopting a “patient” stance. “In light of these uncertainties and muted inflation pressures, the Committee will closely monitor the implications of incoming information for the economic

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: