Fed Chairman Powell Says 'Time Has Come' For Rate Cuts

He delivered the news during an economic summit in Jackson Hole, Wyoming

By: International Business Times

Aug 31 2024
34
3601 Views

Fed Chairman Powell Says 'Time Has Come' For Rate Cuts — Fed Chairman Powell Says 'Time

The chairman of the Federal Reserve says the time has come to start cutting a key interest rate from its current level. "My confidence has grown that inflation is on a sustainable path back to 2 per… [+1137 chars]

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