The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time too.
Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
The Federal Reserve’s decision to cut interest rates by a half a percent in September marks a turning point in the most successful fight against inflation in U.S. history. This appears to be the ...
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