Federal Reserve Chairman Powell: We will resume interest rate cuts at some point

Odaily Planet Daily News: Federal Reserve Chairman Powell said that at some point we will resume interest rate cuts. Budget cuts have limited some economic data for federal agencies, but have not yet affected the Fed's ability to fully measure the strength and direction of the US economy. However, the trend of declining data availability is worrying. Powell responded to a senator's question during a Senate Banking Committee meeting by saying, "(I) don't want anyone to think that the data has deteriorated to a point where we find it difficult to understand the economy. Although it's not perfect, its direction of development is worrying