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U.S. Fed chair sees cooling job market as a sign for rate cuts; Central bank has made 'considerable progress' toward goal of defeating the worst inflation spike in four decades

Source :
Globe & Mail (Toronto, Canada). July 10, 2024, B3
Publication Year :
2024

Abstract

Byline: CHRISTOPHER RUGABER; ASSOCIATED PRESS WASHINGTON -- The Federal Reserve faces a cooling U.S. job market as well as persistently high prices, chair Jerome Powell said in testimony Tuesday to [...]

Details

Language :
English
ISSN :
03190714
Database :
Gale General OneFile
Journal :
Globe & Mail (Toronto, Canada)
Publication Type :
News
Accession number :
edsgcl.800737259