Fed Chair Powell: Rate cut could be on table at September meeting if inflation keeps moving down

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Federal Reserve Chair Jerome Powell addresses the media after the FOMC decides to leave interest rate unchanged.

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Does anyone in this admin ever just answer a question?

tchlin

Powell: Invest in Monopoly Money...It will eventually be worth more that America's Fiat Currency...

stevensproull

Now it Is too late to reduce the interest charges. The Job Data is a catastrophy. 🤬🤬🤬

moosimwald

You'll know next week if Powell wants to help poor people if he cuts rates substantially, quickly. If he doesn't he cares zero about people and his ego is preventing him from coming back on his plan. Todays superlow job number is THE ONE INDICATOR of recession ahead. US Gov cannot take any recession nowadays as it's drowning in it's own debt, as is FED. It's not about stocks but about jobs and survival. Powell overrated the importance of inflation versus jobs. Also he has no talent for predicting and can only respond, he shouldn't have his job. He wil have many other talents, but for this job he's not fit. Worrying is he get's many hints, his colleagues Central Bankers all have cut rates, yet he thinks he knows better. I'm afraid for poor people in America losing their jobs, Jerome is too proud or arrogant to admit his wrong judgement and rather let the economy go into depression.

waltersheens

I would like others to notice that once we slow / stop sending billions out of the country and our economy inflation slows

hughjanus

So printing more money out of thin air really does work

dr.vonslifeinvesting

Cutting interest will not good for the gov investments . 😊

jasonc

I don’t know fed will cut interest rate

jasonc

i dont no enough about stocks do to corruption and dont wanba no so i ask atleast for me 10 percent then whete does fed stand onnhis cut

mrsmileyface

He's too old. Find somebody younger.

steverhinehart

So there’s going to be a cut in September to rapidly increased in November twice more

rafaelbocanegra

Gotta juice the economy to get Kamala elected then rates back up.

oldmanmerc

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