The Weekly Bottom Line: Fed Chair Powell Endorses September Rate Cut

U.S. Highlights Minutes from the July 30-31 FOMC meeting as well as Chair Powell’s speech at Jackson Hole showed a clear commitment that the FOMC will start cutting rates in September. The Fed is likely to start slow, cutting by 25 basis points next month. But any signs of a more abrupt cooling in the […]

The post The Weekly Bottom Line: Fed Chair Powell Endorses September Rate Cut appeared first on Action Forex.