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.
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They gonna keep rates up for the rest of the decade 😂🤣

Anthony-djnd
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It's not too much money, it's not enough stuff.

CHMichael
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👍🏻🆗 valuation of the dollar scares me, and its valuation with the basket of currencies we measure it with

thomaswilson
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If they cut rates, inflation will instantly spike as capital markets load up on fixed assets. But the WSB Degens really want it so they can gamble on more Mag7 stock.

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