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Fed’s Powell Will Discuss Interest Rates, Inflation on 60 Minutes Sunday
Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes this Sunday and will discuss inflation risks, expected rate cuts and the banking system, among other topics, the network said. CBS announced his appearance on the social media platform X on Thursday, the same day that the interview was conducted. Powell last appeared on the program in April 2021. The Fed, which left interest rates unchanged at a policy meeting earlier this week, is in the midst of a policy pivot. It’s moving away from the aggressive interest-rate increases of the past two years and turning to a period where it’s assessing ... (full story)
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