https://www.wsj.com/articles/powell-says-outlook-hasnt-improved-in-recent-weeks-setting-stage-for-rate-cut-11562761822
Jerome Powell Says Outlook Hasn’t Improved in Recent Weeks, Setting Stage for Rate Cut
Fed chairman says trade uncertainties and concerns about global growth weakness continue to weigh on economy
Federal Reserve Chairman Jerome Powell sent a strong signal the central bank could cut interest rates this month by highlighting how the economic outlook hasn’t improved recently. He also said he wouldn’t leave his office if President Trump tried to replace him.
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