Holiday Sale | Save 50%
SubscribeLogin
Holiday Sale | Save 50%
Published

Powell at Jackson Hole: ‘The time has come’ for the Fed to soon begin reducing interest rates

  • Federal Reserve Chairman Jerome Powell announced "the time has come" for potential interest rate cuts, but provided limited details on timing and extent.
  • In his Jackson Hole speech, Powell emphasized that the Fed's future decisions will rely on data and economic outlook.
  • Powell expressed increased confidence in inflation's return to the 2% target, noting recent progress after earlier stagnation.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources are Center
53% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Jerome PowellJerome Powell
BusinessBusiness
US EconomyUS Economy
Federal ReserveFederal Reserve
EconomyEconomy
InflationInflation
Stock MarketsStock Markets
Trending Topics
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc
News
For You
Search
BlindspotLocal