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Powell's foreshadowing of interest rate cut sends market soaring

Federal Reserve Chairman Jerome Powell said that rising concerns over the job market could result in an interest rate change next month. The comments resulted in a sharp rise in stock prices.

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Aug 22, 2025 - 20:33
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Powell's foreshadowing of interest rate cut sends market soaring
Federal Reserve Chairman Jerome Powell said that rising concerns over the job market could result in an interest rate change next month. The comments resulted in a sharp rise in stock prices.
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