Powell Says Fed Cut Not Start of Long Series, Drawing Trump’s Ire
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Powell Says Fed Cut Not Start of Long Series, Drawing Trump’s Ire

(Bloomberg) -- Federal Reserve Chairman Jerome Powell said the first interest rate cut since the financial crisis was to “insure against downside risks” but didn’t signal the start of a lengthy eas...
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