Fed Chair Powell signals Federal Reserve may soon cut rates, markets rally
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Euronews.com
17 napja
Jerome Powell, the Federal Reserve Chair, hinted at the possibility of lowering interest rates in the future but emphasized a cautious approach due to rising unemployment and inflation risks. His speech at the Jackson Hole Banking Symposium indicated that the Fed will carefully evaluate economic data before making any decisions. Wall Street reacted positively to his comments, despite the lack of a specific timeline for rate cuts. President Trump has been vocal about his desire for lower rates, which could impact the economy and investment prices. Teljes cikk (Euronews.com)