YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Federal Reserve Chair Jerome Powell said elevated inflation may delay rate cuts until later this year.
“If higher inflation does persist, we can maintain the current level of (interest rates) for as long as needed," Powell said at a panel discussion. "Recent data have clearly not given us greater confidence."
The Fed's rate currently stands at a 23-year high of 5.3%, according to The Associated Press.
Read more from The Associated Press.
A safe room and classroom addition at Willard Central Elementary School will be used by the music, arts and athletic programs for a district that had 4,536 students last year, according to Missouri Department of Elementary and Secondary Education figures, but school officials say enrollment is projected to grow.