Powell Points to Two More Normal-Size Rate Cuts This Year

Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year. Banking and Financial Institutions, Interest Rates, Inflation (Economics), United States Economy, Labor and Jobs, Federal Reserve System, Powell, Jerome H Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year. NYT > Business

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