Federal Reserve Chair Jerome Powell gives a high-profile speech at the annual conference of central bankers in Jackson Hole, Wyoming. With inflation easing closer to the Fed’s 2% target, the Fed is expected by many to cut its benchmark interest rate in September for the first time in four years.
#federalreserve #jeromepowell #ratecuts #economy #usa #news
Author: Associated Press
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News post in August 23, 2024, 12:05 pm.
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