Friday, August 22, 2025

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Snippet of Article: "Federal Reserve Chair Jerome Powell on Aug. 22 signaled officials will likely lower interest rates in September...asserting that “downside risks to employment are rising. ...Powell noted that while the unemployment rate is roughly at the Fed’s goal of full employment ..."

Source: www.usatoday.com

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