US Fed chair says 'well positioned' to wait on further rate cuts | AFP

Mădălin Mihai

US Federal Reserve Chair Jerome Powell tells reporters that the central bank is in a position to wait and see on further interest rate cuts. Speaking at a press conference after the Fed unveiled a third consecutive rate cut this year, he says that they are "well positioned to determine the extent and timing of additional adjustments." SOUNDBITE Interested in licensing this video ? Get in touch 👉 http://u.afp.com/wvnD N.B.: AFP’s services and content are for professional use only

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