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HomeBreaking News‘Time has come’ to cut interest rates, Fed Chair Jerome Powell says

‘Time has come’ to cut interest rates, Fed Chair Jerome Powell says

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Wyoming: US Federal Reserve Chair Jerome Powell on Friday (Saturday AEST) endorsed an imminent start to interest rate cuts, saying further cooling in the job market would be unwelcome and expressing confidence that inflation is within reach of the US central bank’s 2 per cent target.

“The…



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