JUST IN: 🇺🇸 Fed Chair Jerome Powell says interest rates will stay the same or be cut a little, or cut a lot.
Markets Buzz, Households Hope: Fed Hints at Rate Cuts in a Dramatic Shift
Something unusual happened in Washington this week—something that made financial markets jump, sent analysts scrambling, and gave ordinary Americans a reason to stop and pay attention.
The Federal Reserve—the institution that quietly influences everything from your credit card bill to your mortgage—signaled that interest rates may soon be cut. Not just a tiny cut… but possibly a big one.
At a press briefing, the Fed Chair stepped up to the podium, looked out at the cameras, and delivered the line that instantly reverberated around the world:
“Rates will stay the same… or be cut a little… or cut a lot.”
No one expected that level of openness. And just like that, the mood shifted.
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