American Airlines is relaxing part of its pet policy to let owners bring their companion and a full-size carry-on bag into the cabin.

Until this week, people who carried a pet into the cabin — which involves paying a $150 fee — could only have one other small item that fit under the seat.

Anything bigger, like a carry-on bag with wheels, needed to be checked — for a $35 fee. Or they could put the pet in the cargo hold.

Now American is letting passengers bring a pet in the cabin and also bring a regular carry-on bag or a personal item — just not both bags.

The old policy struck some pet owners as unfair, since they were already paying a pet fee.

Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates

Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do so until it sees “more good inflation readings’’ and is more confident that annual price increases are falling toward its 2% target.

Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected “inflation to come down on a sometimes bumpy path to 2%.” But the central bank’s policymakers, he said, need to see further evidence before they would cut rates for the first time since inflation shot to a four-decade peak two years ago.