Little chance that the Fed will cut rates in March

The American central bank (Fed) will likely not have enough “confidence” to start lowering its rates in March, its president, Jerome Powell, warned on Wednesday.

• Read also: The Fed maintains its rates, does not see a cut yet

“It is unlikely that the Committee will reach a level of confidence by the March meeting that would allow it to determine March as the ideal time” to begin lowering rates, he said. during a press conference.


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