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“ The labour market has cooled considerably. The unemployment is at 4.3 per cent, which is still low by the historical standards but still almost 4 percentage points above its level in early 2023,
Jerome Powell,
US Fed Chair Jerome Powell Hints at Big Rate Cut in September:…

US Fed Chair Jerome Powell Hints at Big Rate Cut in September: 'Inflation Falling, Unemployment…

Federal Reserve

Statements by Jerome Powell

“ We know that it is time to recalibrate our (interest rate) policy to something that’s more appropriate given the progress on inflation,
Jerome Powell,
US Federal Reserve is finally lowering rates: Here’s what consumers…
“ we’ll need to see more good data to bolster our confidence,
Jerome Powell,
S&P 500, Nasdaq hit record highs even as US Fed takes hawkish stance

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