Powell’s Concern Over Zero Rates Expected to Lower Bar for Fed Cut
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the Monetary Policy Strategy, Tools, and Communication Practices Conference in Chicago, Illinois, U.S. (Photographer: Taylor Glascock/Bloomberg)

Powell’s Concern Over Zero Rates Expected to Lower Bar for Fed Cut

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(Bloomberg) -- Chairman Jerome Powell’s frequent assurance that sustaining the U.S. economic expansion is the Federal Reserve’s “overarching’’ goal is opening the door to potentially aggressive int...
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