Fed Chair who controls $8 trillion reveals why tomorrow's 0.25% cut matters
Key Points
- Jerome Powell is expected to announce a 0.25% rate cut amid ...
Jerome Powell sits atop the world's most watched central bank with an $8 trillion balance sheet, and tomorrow he's expected to deliver what 99% of economists are calling a done deal: a 0.25% rate cut. After keeping rates frozen for nine months, the Fed is finally ready to move - but the numbers behind this decision tell a story that's equal parts concerning and predictable.
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