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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 11/Jul 12:36

Powell stresses message that US job market is cooling, possible signal of coming rate cut

WASHINGTON—Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon.

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