US Fed chair Powell signals 'time has come' to begin cutting interest rates
01:33 Min
The US Federal Reserve has indicated rate cuts are on the horizon, acknowledging that inflation is continuing to cool. Speaking at the Jackson Hole conference, Fed chair Jerome Powell affirmed market expectations that the US central bank could begin lowering borrowing costs next month. Sally Patterson reports.
24 Aug 2024 03:38pm
The US Federal Reserve has indicated rate cuts are on the horizon, acknowledging that inflation is continuing to cool. Speaking at the Jackson Hole conference, Fed chair Jerome Powell affirmed market expectations that the US central bank could begin lowering borrowing costs next month. Sally Patterson reports.
Popular Shows
