News@lemmy.world · 1 year ago

Fed Chair Powell Signals ‘Time Has Come’ for September Rate Cut

www.nytimes.com

Fed Chair Powell Signals ‘Time Has Come’ for September Rate Cut

www.nytimes.com

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News@lemmy.world · 1 year ago

Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.

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