Federal Reserve chair Jerome Powell said Friday that the central bank is poised to cut interest rates, adding that policymakers do not want to see the job market cool any further. Why it matters: In a much-anticipated speech in Jackson Hole, Wyoming, Powell said the Fed’s fight to reduce inflation has largely succeeded and it now is attuned to risks of a faltering job market —…
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Editorial: Justice must accept the fact he can't do everything
Rate cuts on horizon: Jerome Powell says 'time has come' to lower interest rates
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