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Powell Signals Fed May Cut Rates Soon Even

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a potential interest rate cut at the Fed's next meeting.

The New York Times · 3d

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.

Reuters on MSN · 3d

Powell says Fed may need to cut rates, will proceed carefully

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in the top Fed job by former President Joe Biden, has said he intends to continue leading the central bank until his term expires next May.

18h

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

Stocks fall flat after interest rate announcement rally

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying ...

3don MSN

U.S. stocks tick higher as Wall Street waits for a speech on interest rates

U.S. stocks are ticking higher on Friday ahead of a highly anticipated speech about where U.S. interest rates may be heading.

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

17h

India's equity benchmarks rise on Fed rate cut hopes

Indian shares kicked the week off on a positive note as U.S. Federal Reserve Chair Jerome Powell hinting at an interest rate ...

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