US Fed on course for September rate cut
Edited By WION Video Desk
Published: Aug 01, 2024, 05:25 IST | Updated: Aug 01, 2024, 05:25 IST
The Federal Reserve has signaled a possible cut in September. Inflation is cooling down, but the job market is weakening. Fed chair Powell said a rate cut could come in September if progress on inflation continues and the labour market holds steady.
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