International Economic

'The time has come', Fed's Powell says

By Alexander Bueso

Date: Friday 23 Aug 2024

(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced.
In remarks prepared for a speech at the Jackson Hole Economic Symposium, Jerome Powell added: "We do not seek or welcome...

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