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Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election /
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2024-07-10 21:04:49

Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Federal Reserve Chair Powell Stresses Importance of Job Market Amid Cooling Economic ...

Federal Reserve Chair Powell Stresses Importance of Job Market Amid Cooling Economic Growth
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#504cefd6 ver:1.61

Federal Reserve Chair Jerome Powell stresses the importance of the job market amid cooling economic growth. He emphasizes that the Fed has an employment mandate and cutting rates too late or too little could weaken economic activity and employment. Powell also mentions that the Fed and other financial regulators will overhaul a 2023 proposal to raise the amount of capital that banks are required to hold against potential losses. #FederalReserve #JobMarket #EconomicGrowth...

#newstr #FederalReserve #InterestRates #Employment #Inflation #UsEconomy

https://here.news/story/504cefd6?ver=1.61
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