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Jerome Powell Says the ‘Time Has Come’ for the Fed Begin Reducing Interest Rates

With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.

By: Time

Aug 25 2024
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Jerome Powell Says the ‘Time Has Come’ for the Fed Begin Reducing Interest Rates — Jerome Powell Says the ‘Time H

JACKSON HOLE, Wyoming With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Pow… [+4905 chars]

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Qué esperar de Jackson Hole, la cita donde cambiará la política monetaria de Estados Unidos