Fed's Powell says 'time has come' to begin cutting interest rates
https://finance.yahoo.com/news/feds-powell-says-time-has-come-to-begin-cutting-interest-rates-140020314.html
Fed Chair Jerome Powell offered a blunt outline on Friday of the path forward for Fed policy and the need to begin cutting interest rates.
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for the central bank to begin lowering interest rates.