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Market News – FED: “The time has come for policy to adjust”

This year’s Jackson Hole central banker symposium provided the opportunity for Fed Chair Powell to set the policy course for the FOMC, looking to join the other core central banks already in rate cutting mode. The markets got a big boost after he confirmed the FOMC will begin lowering rates on September 18.

The question on size could be answered by upcoming jobs numbers.

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Andria Pichidi

Market Analyst

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