The New York Times

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.



Source link : https://www.nytimes.com/2024/08/23/business/economy/fed-rates-powell-jackson-hole.html

Author : Jeanna Smialek

Publish date : 2024-08-24 03:31:59

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Tags : The New York Times

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