The David Rubenstein Show: Jerome Powell

Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts. In an interview with Bloomberg host and Carlyle co-founder and co-chairman David Rubenstein at an Economic Club of Washington event, Powell highlighted the three latest inflation readings, but said he wouldn't forecast any message about future rate reductions. This interview was recorded July 15 in Washington, DC.
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