Powell says ‘uncertainties’ have increased chances of a rate cut – CNBC

Powell says 'uncertainties' have increased chances of a rate cut - CNBC

The speech comes as market participants are strongly anticipating a rate cut at the July 30-31 Federal Open Market Committee policy meeting.

Federal Reserve Chairman Jerome Powell repeated his pledge to “act as appropriate” to keep the economic expansion going as his fellow central bankers move toward an expected interest rate cut later this month.
In speech delivered Tuesday in Paris, the centra… [+2145 chars]
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Shelly Spencer

Shelly Spencer

Business Journalist,Merchant Cash Advance 360