JACKSON HOLE, Wyoming: Federal Reserve Chair Jerome Powell on Friday (Aug 23) endorsed an imminent start to interest rate cuts, saying further cooling in the job market would be unwelcome and expressing confidence that inflation is within reach of the US central bank's 2 per cent target. "The time has come for policy to adjust," Powell said in a highly anticipated speech to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming. "The direction of travel is clear, and the

Tag-uri: Inflatie