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Federal Reserve closes 2024 with interest rate cut
Chair Jerome Powell said the economy is strong overall and has made significant progress toward its goals over the past two years.
Federal Reserve again cuts interest rates
“This further recalibration of our policy stance will help maintain the strength of the economy and the labor market and will continue to enable further progress on inflation as we move towards a more neutral stance over time," Federal Reserve Chair Jerome Powell said.
NJCU’s Guarini Institute to host NY Fed president Friday
John Williams' virtual stop at New Jersey City University is his last on a regional tour. The free conversation will explore the state of the U.S. economy, monetary policy and the North Jersey region's economic outlook.
