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🗞️Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

🏷️ Interest Rates 🏷️ Federal Reserve System 🏷️ Powell, Jerome H 🏷️ Banking and Financial Institutions 🏷️ United States Economy 🏷️ Inflation (Economics) 🏷️ Presidential Election of 2024 🏷️ United States Politics and Government

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Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

2024-03-29 - Jeanna Smialek (from NYT - Business and Economy)

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.

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[USA] 🌎 https://www.nytimes.com/2024/03/29/business/economy/federal-reserve-jerome-powell-interest-rates.html [🧠] [v2] article_embedding_description: {:llm_project_id=>"Unavailable", :llm_dimensions=>nil, :article_size=>609, :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] [v1/3] title_embedding_description: {:ricc_notes=>"[embed-v3] Fixed on 9oct24. Only seems incompatible at first glance with embed v1.", :llm_project_id=>"unavailable possibly not using Vertex", :llm_dimensions=>nil, :article_size=>609, :poly_field=>"title", :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] [v1/3] summary_embedding_description: {:ricc_notes=>"[embed-v3] Fixed on 9oct24. Only seems incompatible at first glance with embed v1.", :llm_project_id=>"unavailable possibly not using Vertex", :llm_dimensions=>nil, :article_size=>609, :poly_field=>"summary", :llm_embeddings_model_name=>"textembedding-gecko"}
[🧠] As per bug https://github.com/palladius/gemini-news-crawler/issues/4 we can state this article belongs to titile/summary version: v3 (very few articles updated on 9oct24)

🗿article.to_s

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Title: Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Summary: Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.

[content]
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[/content]

Author: Jeanna Smialek
PublishedDate: 2024-03-29
Category: USA
NewsPaper: NYT - Business and Economy
Tags: Interest Rates, Federal Reserve System, Powell, Jerome H, Banking and Financial Institutions, United States Economy, Inflation (Economics), Presidential Election of 2024, United States Politics and Government

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