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Fed chair jerome powell on friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary. Federal reserve chairman jerome powell dropped his strongest hint to date that the central bank is prepared to lower its benchmark lending rate amid what he described as. Federal reserve chair jerome powell on friday highlighted twin economic risks of a slowing labor market and rising inflation, but opened the door to rate cuts in a widely anticipated.
Federal reserve chair jerome powell signaled a likely interest rate cut in september, noting downside risks to employment. Federal reserve chair jerome powell issued his strongest signal yet that the central bank will soon begin cutting interest rates during a speech at the jackson hole economic. (ap) — federal reserve chair jerome powell on friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no.
Powell, the chair of the federal reserve, on friday used a closely watched speech to send his strongest signal yet that the central bank is preparing to soon restart.
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