Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

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Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence […]

Source: Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts