Powell Signals Economic Resilience, Leaves Door Open on December Rate Cut
Federal Reserve Chair Jerome Powell underscored the resilience of the U.S. economy, stating that while heĀ remains noncommittal on a December rate cut, he sees no imminent election-driven shift in policy. Powell further emphasized that he wouldnāt consider stepping aside if pressured by President Trump, signaling his firm commitment to the Fedās independence. In remarks aimed […]
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