Fed Chair Jerome Powell signals path to rate cuts
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Fed Chair Jerome Powell outlined the central bank's renewed focus on the labor market in the months ahead, which has big implications for interest rates this year and beyond.
Jerome Powell on Friday will walk through the Jackson Lake Lodge to deliver his final speech as Federal Reserve Chair at the global central bankers' influential forum.
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start hiking again,” Slok said.