Stocks Rise as Fed Chair Powell Signals Rate Cuts in Jackson Hole Speech

Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. Federal Reserve System, Powell, Jerome H, Interest Rates, Inflation (Economics), Prices (Fares, Fees and Rates), United States Economy, Labor and Jobs, Regulation and Deregulation of Industry, Federal Reserve Bank of Kansas City Jerome H. Powell made it clear that the Federal Reserve will cut rates on Sept. 18, as the central bank turns the corner in its fight against inflation. NYT > Business

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