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The Independent UK
The Independent UK
National
Paul Wiseman

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

Jerome Powell United States Inflation US Federal Reserve Interest Rates
Copyright 2024 The Associated Press. All rights reserved.

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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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