3.4 C
Ottawa
Wednesday, November 5, 2025

Federal Reserve Signals Rate Cut—What This Means for Your Money

Date:

Federal Reserve Signals Rate Cut—What This Means for Your Money

People walk in Washington on Aug. 8, 2025. Madalina Kilroy/The Epoch Times

The Federal Reserve may cut interest rates in September.

In his final Jackson Hole keynote address on Aug. 22, Fed Chair Jerome Powell stated that current conditions, mainly a deteriorating labor market, “may warrant” a change in monetary policy.

Share post:

Subscribe

Popular

More like this
Related

Iraq Now Capable of Conducting Independent Airstrikes: US Centcom

The Pentagon said earlier that the United States and...

Hamas Releases Remains of Last US Citizen Among Hostages

Hostage Itay Chen (L) with brothers Roy and Alon...

US Drafts UN Resolution to End Sanctions on Syrian Leader

Syria’s then-interim President Ahmed al-Sharaa looks on as he...

Chrysler Recalls 320,000 Vehicles, Urges Owners to Park Outside Because of Fire Risk

An unsold 2023 Jeep Grand Cherokee sports-utilty vehicle stands...