Fed chair Jerome Powell says he sees no need to cut interest rates in September

Federal Reserve Chair Jerome Powell on Wednesday said the central bank has not made any decision about cutting interest rates at its September meeting, shutting down mounting speculation that a rate cut might be coming soon. “We have made no decisions about September,” Powell told reporters during his press conference. “We don’t do that in […] source: https://www.cryptopolitan.com/powell-no-need-to-cut-rates-in-september/