![, ABS, UK Office for National Statistics, Bureau of Labor Statistics, Stats NZ](/polopoly_fs/1.2093563.1720299747!/fileimage/httpImage/image.png_gen/derivatives/landscape_140/image.png)
Fed’s Powell Testifies as Inflation, Hiring Cool
Jerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest rates, even with evidence building of softer growth and employment.