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Fed chair Jerome Powell says 'the time has come' to lower interest rates

Federal Reserve chairman Jerome Powell signaled that he's increasingly confident inflation will soon be tamed, and that he and his colleagues will soon cut interest rates to avoid hurting the job market.

By: NPR

Sep 03 2024
4
338 Views

Fed chair Jerome Powell says 'the time has come' to lower interest rates

Federal Reserve chairman Jerome Powell says he's increasingly confident that inflation will soon be tamed, setting the stage for the central bank to start cutting interest rates next month.
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Fed chair Jerome Powell says 'the time has come' to lower interest rates

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