Federal Reserve Chair Jerome Powell indicated that an interest rate cut could be implemented as soon as September. This statement reflects consideration of current economic conditions and inflation trends in monetary policy decisions.
Original (en)
Fed’s Powell says rate cut ‘on the table’ as soon as September
Published
Aug 1, 2024, 12:41 AM UTC
651d ago
Significance
Entities Detected
· click + to trackFed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’ WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed Tuesday the central bank would remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair to lower interest rates. Warsh, a former Fed board governor, faced questions during […]
Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’ WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed Tuesday the central bank would remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair to lower interest rates. Warsh, a former Fed board governor, faced questions during […]
Fed chair nominee says he will be independent of Trump, though Dems see a ‘sock puppet’ WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed Tuesday the central bank would remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair to lower interest rates. Warsh, a former Fed board governor, faced questions during […]
f9dae496…openwatch.io →