Jerome Powell’s power grows after Fed endorses interest rate cut

All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair.

Tomas K - Moderator Tomas K - Moderator
Sep 26, 2024 - 01:00
Jerome Powell’s power grows after Fed endorses interest rate cut
All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair. Read More
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