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Published 14:55 IST, August 23rd 2024

With Fed rate cut set, Powell may focus on explaining US economic conditions at Jackson Hole

Inflation crested at levels not seen since the Volcker era and two years later is roughly half a percentage point above target.

Reported by: Thomson Reuters
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Federal Reserve Chair Jerome Powell
Federal Reserve Chair Jerome Powell | Image: Reuters
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14:55 IST, August 23rd 2024