**Fed Signals September Rate Cut as Inflation Eases and Market Confidence Grows**
.jpg)
**Description:** Federal Reserve Chair Jerome Powell announced that the central bank is poised to implement a rate cut in September, signaling increased confidence that inflation is on a sustainable path back to the 2% target. This decision follows a period of elevated inflation post-pandemic and reflects the Fed's commitment to stabilizing the economy. The announcement has positively impacted markets, with oil prices rebounding and investor confidence growing in the prospect of a more accommodative monetary policy. This move is expected to have significant implications for both the U.S. economy and global financial markets. For more read Click Here Here are some of the latest updates in U.S. business news as of August 25, 2024: 1. **Federal Reserve Actions**: Jerome Powell, the Chair of the Federal Reserve, has indicated that the central bank is ready to implement interest rate cuts as early as September. This decision stems from confidence that inflation is now...