Fed Cuts Rates Again as Powell Announces $40B in New Treasury Purchases
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Fed Cuts Rates Again as Powell Announces $40B in New Treasury Purchases
The Federal Reserve delivered another quarter-point rate cut, but the message from Jerome Powell was clear. The path ahead is uncertain, and the Fed is now split over how to balance rising unemployment risks with inflation that is still above target. Powell said the labor market has weakened more than the official data shows, in part because ...
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