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Market Report: Powell signals green lights for US rate cuts
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4 Articles
Powell Emphasizes No ‘Risk-Free Path’ as Rate Cut Seems More Certain
Despite the uncertainty surrounding the length of the government shutdown and its ongoing effects, Federal Reserve Chair Jerome Powell yesterday highlighted concerns over employment data as all eyes are on the Federal Open Market Committee (FOMC) and a potential interest rate cut ahead of their next meeting Oct. 28-29. In a speech at the National… The post Fed Chair Again Emphasizes No ‘Risk-Free Path’ as Rate Cut Seems More Certain appeared fi…
The U.S. economy has been showing signs of cooling for some time.In early September, employment data were known in August in the United States, suggesting that there had been a further deterioration than was anticipated by analysts in the world's first economy.In particular, during the month of August, only 22,000 new jobs were registered in the U.S., compared to the 75,000 that were expected.In addition to the fall in job creation, the unemploy…
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