Powell Rallies Fed Colleagues as Economic, Political Risks Grow

Powell Rallies Fed Colleagues as Economic, Political Risks Grow



Powell Rallies Fed Colleagues as Economic, Political Risks Grow
Federal Reserve Chair Jerome Powell rallied a deeply divided committee of policymakers behind an interest rate-cut, tuning out heavy political pressure to find middle ground among officials variously worried by a faltering labor market and lingering inflation concerns.


www.bloomberg.com
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