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The timing of those rate cuts, which would lead to lower borrowing costs for consumers and businesses, remains uncertain.
Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.
Chair Jerome Powell will enter this week's Federal Reserve meeting in a more desirable position than expected: Inflation is getting close to the target rate, the economy is still growing at a healthy pace, consumers keep spending and unemployment is near a half-century low.
WASHINGTON (AP) — Chair Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation
WASHINGTON — Chair Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed's