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

The Fed vs. America,Interest Rates,Fed Chair Jerome Powell vs. President Donald Trump, Jerome Powell says downside risks to employment are rising,

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Fed's Rate-Cut Delay Intact as Inflation Fears Override Trump Pressure

Snippet of Article: "...data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.

Trump appeared near the point of trying to fire Fed Chair Jerome Powell this week, but backed off with a nod to the market disruption that would likely follow, and the U.S. central bank's policy rate outlook remains virtually unchanged despite the drama. ..."

Source: www.newsmax.com

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