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The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said Wednesday.
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, its approach to considering further rate cuts at future meetings ...
Although it might not be its fight at all. During a post-meeting press conference, Fed Chair Jerome Powell was asked if interest rate cuts would reignite demand in the housing market and send ...
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate by 0.5 percentage point on Wednesday for the ...
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...