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Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
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LIVE UPDATES: Fed Chair Jerome Powell to deliver major speech at Jackson Hole

Federal Reserve Chair Jerome Powell will deliver a closely watched speech Friday at 10 a.m. ET during the central bank’s annual gathering in Jackson Hole, Wyoming, a venue that has historically set ...