Latest Mark Zandi News

Fed Chair Powell says September interest rate cut could be 'on the table' as inflation cools

Jul. 31, 2024 17:58 PM EDT

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank's first rate cut in four years, citing greater progress toward lower inflation as well as a cooler job market that no longer threatens to overheat the economy. Still, the Fed kept...