Here's the full 60 Minutes transcript of the interveiw with Federal Reserve Chair Powell

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Central Banks

Eamonn Sheridan

05/02/2024 | 01:18 GMT

"I've said that we wouldn't wait to get to 2% to cut rates."

The headlines from Powell's interview are here:

Fed head Powell: A March Federal Open Market Committee (FOMC) rate cut is unlikely

Powell didn't slam the door shut on a March rate cut, but don't leave your finger resting inside the door jamb, OK? Ouch.

Full transcript

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