US Fed Chair Jackson Hole 2024 Highlights: Powell says ‘time has come’ for Fed to slash interest rates, stocks rally

  • US Fed Chair Jackson Hole 2024 Highlights: US Fed chair Jerome Powell said the time has come to cut its key policy rate, making clear his intention to prevent further cooling in the labor market.

Nikita Prasad, Shivangini
Updated24 Aug 2024, 07:53 AM IST
US Fed Chair Jackson Hole 2024 Highlights: A file photo of Federal Reserve Board chair Jerome Powell
US Fed Chair Jackson Hole 2024 Highlights: A file photo of Federal Reserve Board chair Jerome Powell (AP)

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First Published:24 Aug 2024, 07:53 AM IST
Business NewsEconomyUS Fed Chair Jackson Hole 2024 Highlights: Powell says ‘time has come’ for Fed to slash interest rates, stocks rally

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