Jay Powell has opened the door to a Federal Reserve rate cut in September, as the central bank chair said a softening US labour market could offset risks that Donald Trump’s tariffs will worsen inflation.
“With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” Powell said at the Kansas City Federal Reserve’s economic summit in Jackson Hole, Wyoming, on Friday morning.
The remarks put Powell in the camp of doves on the rate-setting Federal Open Market Committee and signal he could support a quarter-point cut at the central bank’s next meeting in September.
您已閱讀12%（639字），剩余88%（4597字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。