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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-11 07:06:45

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Signals Potential Interest Rate Cut Amid Cooling Labor ...

Federal Reserve Chair Powell Signals Potential Interest Rate Cut Amid Cooling Labor Market
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#504cefd6 ver:1.69

Federal Reserve Chair Powell signals potential interest rate cut amid cooling labor market. Powell emphasizes Fed's employment mandate and the need to avoid weakening economic activity and employment. Rate cut expected in September. Fed's decisions based on data, not politics. Soft landing possible with inflation falling towards target without increasing unemployment. Successful policy adjustment could impact global economy and strengthen US dollar. #Fed #InterestRates #Economy #Inflation #Employment...

#newstr #FederalReserve #InterestRates #JobMarket #Inflation #Economy

https://here.news/story/504cefd6?ver=1.69
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