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Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing

Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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