US Fed’s Powell cites slowing job market in signal rate cuts may be coming

Cutting interest rates 'too late or too little could unduly weaken economic activity and employment', Powell said.

Jul 9, 2024 - 21:45
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US Fed’s Powell cites slowing job market in signal rate cuts may be coming
Cutting interest rates 'too late or too little could unduly weaken economic activity and employment', Powell said.