Chair Jerome Powell is indicating that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation. (May 19)
source https://www.usatoday.com/videos/news/nation/2023/05/19/fed-reserves-powell-hints-interest-rate-hike-pause/11908032002/
