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Jerome Powell: 'Time Has Come' For Interest Rate Cuts,
Published : 23-08-2024 - Duration : 00:51 - View : 437
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Federal Reserve Chair Jerome Powell signaled Friday that it’s time to adjust monetary policy, effectively paving the way for the beginning of interest rate cuts.Powell refrained from committing to a predetermined path for rate cuts or providing any hints about their size, emphasizing the decision will depend on incoming data.“My confidence has ...
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