Powell does not rule out the possibility of rate hikes, but the likelihood of rate hikes is currently low.

2026-03-19 00:20:49

Deep Tide TechFlow News, March 19 — Federal Reserve Chair Jerome Powell stated on Wednesday that raising interest rates is not the expected direction of monetary policy. Powell said that officials discussed the possibility that “the next step could be a rate hike,” but “the vast majority of participants do not consider this to be their baseline expectation,” while also adding, “We will not rule out any possibilities.” (Jin10)

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