Federal Reserve will soon begin reducing interest rates, Powell says

With inflation nearly defeated and the job market cooling, Fed Chairman Jerome Powell says the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high. Read more: https://bit.ly/3WWmWTo

#interestrates #federalreserve #news

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Author: Associated Press
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News post in August 23, 2024, 6:04 pm.

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