Economic Trends • Market Trends • Operator Trends • The Ashton Report

Federal Reserve Chairman Powell Suggested Fed Will Begin Cutting Interest Rates In September

September 2, 2024
by The Ashton Report
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As investors and economists have been anticipating for several months, it appears the Federal Reserve is on the brink of reversing course and will start cutting the federal funds rate that underpins most US interest rates at its September meeting of the Fed’s Open Market Committee. Federal Reserve Board Chairman Jerome Powell, speaking Aug. 23…

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