Fed says inflation is moving in the right direction
0
![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.