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Published 07:47 IST, October 1st 2024

Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says

"If the economy evolves as expected, that would be two more cuts" by year's end, for a total reduction of half a percentage point more," said Powell.

Reported by: Thomson Reuters
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Jerome Powell
Jerome Powell | Image: X
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07:47 IST, October 1st 2024