Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation.
Source link : https://www.nytimes.com/2024/08/23/business/economy/fed-rates-powell-jackson-hole.html
Author : Jeanna Smialek
Publish date : 2024-08-24 01:31:59
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Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole Speech
