Fed Chair Jerome Powell signals path to rate cuts
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The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.
Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are dramatic surprises in the data in the coming weeks, said former Boston Fed President Eric Rosengren.
U.S. stocks are ticking higher on Friday ahead of a highly anticipated speech about where U.S. interest rates may be heading.