Fed Chair Powell signals possible cuts
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The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.
U.S. stocks are ticking higher on Friday ahead of a highly anticipated speech about where U.S. interest rates may be heading.
So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September rate cut that it doesn't leave Fed Chair Jerome Powell much room to clearly signal a rate cut,