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Wyoming

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
  • Sep 17 2024
  • 7
  • 5099 Views
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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