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Home World USA

Powell opens door to potential rate cut in speech highlighting rising economic risks

22 August 2025
in USA
0
Powell opens door to potential rate cut in speech highlighting rising economic risks
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Jerome Powell’s Speech at Jackson Hole

During his speech at the Fed’s annual symposium, Jerome Powell suggested that a rate cut may be necessary due to rising employment risks and a slowing labor market, prompting a positive market response. The Fed faces internal divisions on monetary policy direction amidst external pressures from the Trump administration, who continue to advocate for lower rates to stimulate the economy.

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Tags: cutdoorEconomichighlightingopensPotentialPowellrateRisingRisksspeech
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