this post was submitted on 23 Aug 2024
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‘Time Has Come’ For Fed To Pivot Interest Rate Policy, Powell Says At Jackson Hole (www.forbes.com)
submitted 6 months ago by [email protected] to c/business
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[–] [email protected] 0 points 6 months ago

We will start to see it as soon as he lowers interest rates. That always makes things economically painful, even if it's better for the long-term health of the economy.