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flag Federal Reserve Chair Powell suggests further interest rate cuts due to slowing inflation.

flag Federal Reserve Chair Jerome Powell indicated that the central bank may lower interest rates further due to a slowing inflation rate. flag He emphasized that the Fed is not on a fixed path and will make decisions based on evolving economic conditions, aiming for a neutral rate that neither constrains nor stimulates growth. flag Powell noted ongoing improvements toward the 2% inflation target, with policy adjustments evaluated on a meeting-by-meeting basis.

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