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Powell opens door to potential rate cut in speech highlighting rising economic risks

NBC NewsFriday, August 22, 2025 at 3:54:17 PM
PositiveU.S NewsEconomy
Powell opens door to potential rate cut in speech highlighting rising economic risks
Jerome Powell hinted at a possible rate cut by the Federal Reserve, suggesting that current monetary policy might be limiting economic growth. This could be the first rate cut during President Trump's second term.
Editor’s Note: This matters because a rate cut could stimulate economic activity, making borrowing cheaper for consumers and businesses. It reflects the Fed's responsiveness to economic conditions and could influence market confidence.
— Curated by the World Pulse Now AI Editorial System

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