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Fed Chair Powell Underscores That More Rate Cuts Are Coming

Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

in

Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, United States Economy
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