Fed Chair Jerome Powell signals path to rate cuts
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Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Federal Reserve Chairman Jerome Powell on Friday did not give a clear indication of the central bank's plans to possibly cut interest rates amid pressure from President Donald Trump.
Fed Chair Powell hints at possible rate cuts in September, signaling a policy shift. Click here to read what investors need to know.
Federal Housing Finance Agency Director Bill Pulte accused Cook of mortgage fraud this week, alleging she claimed two properties as her primary address.