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Fed’s Powell Says Rate Cuts Can Sustain Soft Landing
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the cut two weeks ago.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
16h
Fed Chair Powell says the economy is in 'solid shape' with more rate cuts coming
The central bank chair emphasized that the Fed is “recalibrating” its key interest rate, which is now about 4.8%.
12h
Fed Chair Powell says U.S. economy is in ‘solid shape’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its ...
22h
Fed's Powell poised to speak as economists fret about a policy mistake
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk ...
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