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Federal Reserve Chairman Jerome Powell has indicated that the time may be right for interest rate cuts, citing easing inflation and a cooling labor market. At a recent economic symposium, Powell mentioned that the “direction of travel is clear” regarding monetary policy and that the Federal Open Market Committee (FOMC) is prepared to lower rates depending on future economic data and risks. He emphasized the importance of supporting a strong labor market while achieving price stability​  ABA Banking Journal In the grand theater of global economics, the Federal Reserve stands like a maestro, poised to change the tempo of the financial…

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