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Fed Chair Powell Signals Possible September Rate Cut Amid Shifting Economic Risks
Fed Chair Powell Signals Possible September Rate Cut Amid Shifting Economic Risks
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BTCCSquare news:
Federal Reserve Chair Jerome Powell has hinted at a potential interest rate cut in September, citing evolving economic conditions. The decision hinges on balancing inflation control with employment stability, as recent data shows a cooling labor market and subdued price pressures.
Market participants now anticipate monetary easing at the September 16-17 FOMC meeting. Such a move WOULD mark a pivotal shift in the Fed's policy trajectory, potentially stimulating risk assets across financial markets.
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