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US Fed chair says 'time has come' to cut rates

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Federal Reserve chair Jerome Powell says that the "time has come" for the United States to start cutting interest rates. "The time has come for policy to adjust," he says in a keynote speech at the Jackson Hole Economic Symposium in the US state of Wyoming, according to prepared remarks, adding: "The direction of travel is clear." SOUNDBITE

Added on the 23/08/2024 16:36:07 - Copyright : AFPTV - First images

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