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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
U.S. Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts. He also expressed confidence that inflation is within reach of the U.S. central bank's 2 percent target. John Gong from the University of International Business and Economics says that a September cut appears to be imminent.