Federal Reserve Chairman Jerome Powell, speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, July 30, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)

Powell signals Fed may cut rates soon even as inflation risks remain

by The Associated Press August 23, 2025

written by The Associated Press August 23, 2025

By Christopher Rugaber JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to eval...

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Powell signals Fed may cut rates soon even as inflation risks remain

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