Watson Advertising posted Powell signals that rate cut could be coming soon Watson Advertising Chattanooga, TN:

Powell signals that rate cut could be coming soon

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that "many" Fed officials believe a weakening global economy and rising trade tensions have strengthened the case for looser interest-rate policies. Delivering the Fed's semi-annual monetary report to Congress, Powell sent the strongest signal yet that the central bank is ready to cut interest rates for the first time in a decade, possibly as soon as the July meeting.

Powell signals that rate cut could be coming soon
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