Powell Signals Possible Fed Rate Cut Amid Economic Uncertainty
TL;DR Summary
Federal Reserve Chair Jay Powell indicated that the shifting economic risks are increasing the case for a rate cut to support the economy, amid uncertainties that could influence future monetary policy decisions.
- Jay Powell says ‘shifting’ economic risks heighten case for Fed rate cut Financial Times
- Powell indicates conditions 'may warrant' interest rate cuts as Fed proceeds 'carefully' CNBC
- Jerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech The New York Times
- Powell set to give key speech as Trump administration ramps up pressure for a Fed overhaul CNN
- Stock market today: Dow, S&P 500, Nasdaq surge as Powell opens door to September rate cut Yahoo Finance
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