Fed Chair Powell indicates interest rate cuts ahead: 'The time has come for policy to adjust'

Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.

Aug 24, 2024 - 07:00
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Fed Chair Powell indicates interest rate cuts ahead: 'The time has come for policy to adjust'
Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.