Federal Reserve Chair Jerome Powell Discusses Progress on Inflation and Outlook for Interest Rate Cuts
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#82b698e3 ver:0.35

Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee, discussing progress on inflation and the outlook for interest rate cuts. Powell emphasized the importance of monitoring the job market and acknowledged the risks of waiting too long to lower rates. He also addressed banking regulations and compensation rules for Wall Street executives. Overall, recent economic data supports the case for the Federal Reserve to begin lowering borrowing costs. #FederalReserve #Inflation #InterestRates #JobMarket #Economy...

#newstr #FederalReserve #JeromePowell #Inflation #InterestRates #JobMarket #UnemploymentRate #BankingRegulations #WallStreetExecutives #StressTest 

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