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Powell speaks on Federal Reserve decision to cut interest rates
Posted
September 18, 2024
Views
7,089
Likes
75
Comments
46
Engagement
1.71%
September 18, 2024
7,089
75
46
1.71%
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2:45Now PlayingAfter the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state, reflecting growing confidence that its strength can be maintained.
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