First Rate Cut + Q&A

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Important update from President Powell: The Time Has Come For Policy To Adjust

On Friday, the Federal Reserve Chairman Jerome Powell made the following comments on the labor market, inflation, and monetary policy:

23 Aug 2024 10:00:00 AM - FED CHAIR POWELL: 'THE TIME HAS COME FOR POLICY TO ADJUST'

'WE DO NOT SEEK OR WELCOME' FURTHER COOLING …