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Federal Reserve Chairman Jerome Powell speaks Friday to an audience at Spelman College in Atlanta. He is scheduled to take part in a fireside chat following his speech.
His remarks come with market pricing indicating that the Fed is done hiking rates and could start cutting as soon as March 2024. However, officials have been reluctant to converse the possibility of policy easing, maintaining that the recent progress against inflation isn’t enough.
Powell’s remarks will be his last policy address before the rate-setting Federal Open Market Committee meets on Dec. 12-13.
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