US Fed Chair Jerome Powell Hints at Big Rate Cut in September: 'Inflation Falling, Unemployment Faces Risks'

The time has come for the monetary policy to adjust. The direction of travel is clear and the timing and pace of rate cuts will depend upon the evolving data, says US Federal Reserve Chairman Jerome Powell.

Aug 23, 2024 - 21:30
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US Fed Chair Jerome Powell Hints at Big Rate Cut in September: 'Inflation Falling, Unemployment Faces Risks'
The time has come for the monetary policy to adjust. The direction of travel is clear and the timing and pace of rate cuts will depend upon the evolving data, says US Federal Reserve Chairman Jerome Powell.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!