Fed says inflation is moving in the right direction
![Fed says inflation is moving in the right direction](https://media-cldnry.s-nbcnews.com/image/upload/t_fit_1500w/rockcms/2024-07/240703-Jerome-Powell-ch-1449-459c5b.jpg)
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.