Federal Reserve Chair Jerome Powell Signals Potential Rate Cut Amid Cooling Economy
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#82b698e3 ver:0.33

Federal Reserve Chair Jerome Powell signals potential rate cut amid cooling economy. Powell emphasizes solid economic expansion but acknowledges moderation in GDP growth. Labor market strong, inflation above target. Fed's monetary policy guided by dual mandate of employment and stable prices. Powell affirms commitment to bringing inflation down. Investors closely monitoring testimony. Powell hints at rate cut in September due to cooled economy and declining inflation pressures. #FederalReserve #RateCut #Economy...

#newstr #FederalReserve #JeromePowell #InterestRateCuts #UsEconomy #Inflation #LaborMarket 

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