Powell says ‘shifting balance of risks’ may warrant a sooner rate cut

fortune.com/2025/08/22/powell-jackson-hole-shifting-balance-risks-september-rate-cut

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other…

This story appeared on fortune.com, 2025-08-22 14:38:44.
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