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Fed's Powell opens door to rate cut

Powell Sends Strongest Signal Yet That Interest Rate Cuts Are Coming

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.

Associated Press News on MSN · 2d

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central b

Reuters on MSN · 2d

Powell says Fed may need to cut rates, will proceed carefully

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in the top Fed job by former President Joe Biden, has said he intends to continue leading the central bank until his term expires next May.

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

Stocks and Bonds Rise After Powell Suggests Rate Cuts Could Be Imminent

Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.

Ether Surges After Powell Speech Renews Rate-Cut Hopes

Ether, the second-largest cryptocurrency, surged 14% on Friday after Fed Chair Jerome Powell’s Jackson Hole remarks renewed ...

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

5don MSN

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

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