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Fed Chair Powell says September rate cut 'on the table' if inflation data continues to cool
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Federal Reserve Chair Jerome Powell said Wednesday that the Federal Reserve could cut interest rates at its September meeting if economic data continues on its current path.
“If that test is met, a reduction in our policy rate could be on the table as soon as the next meeting in September,” Powell said.
“If that test is met, a reduction in our policy rate could be on the table as soon as the next meeting in September,” Powell said.
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