Fed Signals Lowered Interest Rates May be Coming Later in the Year

According to the Washington Post, the Federal Reserve has signaled a willingness to cut interest rates among signs of a slowing economy and ongoing trade uncertainty.

The Post reports the Fed has changed its assessment of U.S. economic growth from “solid” at the beginning of the year to “moderate” now.

The Post adds Fed Chair Jerome Powell has said he will only raise interest rates if the circumstances call for it, regardless of political pressure.

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