Today’s edition of quick hits. Today’s edition of quick hits. * Waiting for a rate cut : “Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future in response to slower economic growth and cooling inflation. At a speech during the Fed’s annual August summit in Jackson Hole, Wyoming, Powell said ‘the time has come for policy to adjust.’ His remarks come as price growth has slowed and the jobs market, as well as demand for

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