Federal Reserve Chair Jerome Powell indicated that changing economic conditions may prompt an interest rate cut at the upcoming September FOMC meeting. Powell emphasized the โshifting balance of risksโ between inflation and employment, noting that a softening labor market and cooling inflation could warrant policy adjustment. Economists widely expect a rate reduction as the Fed aims to support growth and maintain stability. Investors will closely watch the September 16โ17 meeting for the central bankโs official decision.
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