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Bullish Jay Powell sticks to Federal Reserve’s rate-cutting script

Strong US economic growth will not halt central bank’s plan to reduce borrowing costs this year

©The Financial Times Limited 2020 Mar 21, 2024 / 11:55 AM IST
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Bullish Jay Powell sticks to Federal Reserve’s rate-cutting script

Jay Powell downplayed the risks that the US’s persistently hot labour market would hinder the inflation fight.

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