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Fed’s Powell sees lower rates on the horizon as inflation ebbs

By Inquirer - 10 months ago
WASHINGTON  – Federal Reserve Chair Jerome Powell, in a sweeping endorsement of the U.S. economy’s strength, said on Wednesday that interest rates had peaked and would move lower in coming months, with inflation continuing to fall and an expectation of sustained job and economic growth. Powell, speaking after the end of a two-day policy meeting,

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