Powell Signals Imminent Rate Cuts as Labor Market Concerns Grow and Inflation Hits 2%

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Powell signals a shift in Fed policy, hinting at imminent rate cuts as inflation edges closer to the 2% target.

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The labor market's growing risks are spotlighted by Powell, suggesting a potential easing of monetary policy.

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Inflation has nearly hit the Fed’s 2% target, raising the stakes for upcoming interest rate decisions.

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Powell warns of labor market vulnerabilities, fueling speculation about when the Fed will start cutting rates.

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Interest rates might soon be lowered, as Powell highlights the delicate balance between inflation and unemployment.

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The Fed's next move could involve rate cuts, with Powell focusing on rising unemployment and stabilizing inflation.

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As unemployment climbs to 4.3%, Powell’s comments stir anticipation of changes in monetary policy.

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The Fed's commitment to restoring price stability is reinforced by Powell’s latest remarks on inflation and employment.

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Speculation builds around the Fed’s response, as Powell acknowledges shifting risks in both inflation and the labor market.

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[{"selector":"#anim-175bb779-2103-4cc1-8cde-4c37133fdb8f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc13f07d-83e0-4e4d-be20-55c69f631690","keyframes":{"transform":["translate3d(-116.06557%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0dba32f-7e3d-4e5a-90ad-295cf516e609","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a0e757c-0f5c-4acf-8ed0-9745fffe000e","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fff833c6-a484-4380-945a-bcf1e50aa0f5","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5cdcf30d-31c0-4d47-a6bd-c3053afdc102","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Kamala Harris’s Choice of Tim Walz as VP Hints at a Bold Strategy for the Crucial North-Central Region with 60% Voter Impact at Stake Learn more