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The Chairman of the Federal Reserve, Jerome Powell, indicated the possibility of a rate cut in September amid economic risk fluctuations. This article was first published on Coinpedia, Financial Technology News. Chairman Jerome Powell stated that changing economic conditions may prompt a rate cut at the upcoming Federal Open Market Committee (FOMC) meeting scheduled for September. Powell emphasized the "changing balance of risks" between inflation and employment, noting that a weak labor market and slowing inflation may necessitate a monetary policy adjustment. Economists widely expect a rate cut, as the Federal Reserve aims to support growth and maintain stability. Investors will closely monitor the meeting on September 16-17 for the central bank's official decision.
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