Jerome Powell’s power grows after Fed endorses interest rate cut
All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair.
All but one of the 12 voting members of Federal Open Market Committee supported Powell’s bid to start big with a half-point cut. That’s a key victory for the chair.
300 jobs in legal, human resources, finance and communications were impacted.
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