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Fed Chair Powell reinforces patient approach to rate cuts

Federal Reserve Chairman Jerome Powell completed his second day of testimony before the House Financial Services Committee, reiterating the central bank’s cautious stance on monetary policy. During his Capitol Hill appearance, Powell stressed that the Fed sees no urgency in adjusting its stance on interest rates.

Yahoo Finance Reporter Jennifer Schonberger analyzes the key takeaways from the chairman’s congressional testimony.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Angel Smith

Emma is a tech enthusiast with a passion for everything related to WiFi technology. She holds a degree in computer science and has been actively involved in exploring and writing about the latest trends in wireless connectivity. Whether it's…

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