Powell says Fed still expects to make 3 interest rate cuts this year

Powell says Fed still expects to make 3 interest rate cuts this year

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Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., the United States, Sep. 20, 2023. Aaron Schwartz/Xinhua via Getty Images The Federal Reserve in December forecast three interest rate cuts in 2024. In a "60 Minutes" interview, Fed Chair Jerome Powell said nothing…

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