• 09/20/2024

Fed Chair Powell Declares ‘Time Has Come’ for Rate Cuts

Wall Street Journal

Federal Reserve Chair Jerome Powell gave his strongest signal yet that interest-rate cuts are coming soon, saying the central bank intends to act to stave off a further weakening of the U.S. labor market.

https://www.wsj.com/articles/powell-declares-time-has-come-for-rate-cuts-cc8326da