Federal Reserve Chair Powell Indicates Rate Cut May Come Sooner Than Expected
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#df25ce9f ver:0.59

Federal Reserve Chair Powell hints at a rate cut sooner than expected, indicating the central bank's willingness to act on sufficient weakness rather than waiting for inflation to reach 2%. Markets predict a 90% chance of a rate cut in September, with Powell's remarks solidifying expectations. However, upcoming data and events may complicate the decision. Powell also emphasizes the need for elected officials to address the unsustainable national debt. #Fed #RateCut #Inflation #Economy...

#newstr #FederalReserve #RateCuts #InflationData #JeromePowell 

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