Powell says 'time has come' to cut US interest rates

The Fed chairman was forceful in his speech at the Jackson Hole central bank forum. That doesn't rule out a bigger-than-expected rate cut if the labor market weakens.

THE United States Federal Reserve (Fed) is preparing to lower interest rates. There is no longer any doubt after the speech of Jerome PowellChairman of the US Monetary Authority, within the framework of the EC Central Banking Forum

To continue reading, go Premium
Try it for €1 for the first month

and enjoy unlimited access to all of Expansion's web content


Or sign up with your Google account in two clicks



Source link

Leave a Comment

bc4s bc4s bc4s bc4s bc4s bc4s bc4s bc4s