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Powell hints Fed to cut rates if trade wars threaten growth
Fed Chair Jerome Powell signaled readiness to respond to trade tensions, boosting stocks as investors price in potential rate cuts this year. He noted ongoing monitoring of the economy, with futures pricing a higher chance of a July cut amid growing concerns the expansion may slow under tariffs.
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Powell
Fed
Washington
Jerome Powell
Federal Reserve
Trump
U.S
Chicago
Richard Clarida
CNBC
James Bullard
St. Louis
China
Mexico
Central America
London
Donald Trump