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Maroc Maroc - JAMAICA-GLEANER.COM - Business Stories - 25/Aug 05:07

Powell at Jackson Hole: ‘The time has come’ for the Fed to soon begin reducing interest rates

With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday. Powell did not say when rate cuts would begin or how...

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