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Fed Reserve's Powell hints at interest rate hike pause

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) 
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Information
Source name: 
The Associated Press
Unique identifier: CP166979753 
Legacy Identifier: df5e7bd225da4adab25ab0d9fa965666 
Type: Video 
Duration: 1m15s 
Dimensions: 1920px × 1080px     92.35 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 5/19/2023 2:17:35 PM 
Display aspect ratio: 16:9