Powell says US on 'Disinflationary Path,' but Needs More Data

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Darius Bell and Samson Jagoras discuss the Federal Reserve’s stance on interest rates. Jerome Powell indicates no rate cuts yet but hints at future changes. Despite a solid job market, signs of economic strain appear with rising unemployment and sluggish retail sales. Bell and Jagoras emphasize the disconnect between stock market performance and real-world inflation impacts on daily expenses.

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