Tag: quantitative easing
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Powell Signals Possible Rate Cuts as US Jobs Market Weakens
Federal Reserve Chair Signals Dovish Tilt Amid Cooling Jobs Market The U.S. labor market is showing renewed signs of strain, and Federal Reserve Chair Jerome Powell suggested on Tuesday that the central bank could be prepared to support another interest rate cut later this month. Speaking in Philadelphia, Powell warned that the downside risks to…
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Powell Signals More Rate Cuts as US Job Market Cools
Overview: Powell Ignores a Cooling Jobs Market as It Pushes for Policy Easing Federal Reserve Chair Jerome Powell signalled a readiness to consider another quarter-point cut to U.S. borrowing costs as the labor market shows fresh signs of cooling. Speaking in Philadelphia, Powell warned that downside risks to employment have risen, a clear indication that…