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Mon Jun 16 2025 18:32:47 GMT+0000 (Coordinated Universal Time)

US Jerome Powell has indicated that interest rate cuts may not be too far off if inflation signals cooperate

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Published (Updated) on Friday, March 8, 2024

UNITED STATES — Federal Reserve Chair Jerome Powell on Thursday indicated that interest rate cuts may not be too far off if inflation signals cooperate. In remarks to the Senate Banking Committee, the central bank leader didn't provide a precise timetable of when he sees easing happening, but noted that the day could be coming soon... cnbc.com

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