Jerome Powell’s power grows after Fed endorses interest rate cut
Jerome Powell’s power grows after Fed endorses interest rate cut
All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair.
All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair.