Powell Relents: Fed Chair Opens Door to September Rate Cut

[Breitbart.com] Federal Reserve Chair Jerome Powell on Friday signaled that the central bank could lower interest rates as soon as its meeting next month. Powell, speaking at the Kansas City Fed's annual conference in Jackson, Wyoming, said the risks of slowing job growth may soon outweigh inflation concerns, clearing a path for rate cuts. "The balance of risks appears to be shifting," Powell said... Subscribe for free to Breaking Christian News here Click Here to read. (Screengrab image: via AP Live Video)