http://newiprogressive.com/images/stories/S5/tenant-screening-s5.jpgWith inflation now on a surer path to 2 percent, markets are now expecting a succession of rate cuts while protecting against a rise in unemployment.

WASHINGTON, DC - Federal Reserve Chair Jerome Powell gave the all clear for interest rate cuts to begin as hiring and job gains slow down.

“The time has come for policy to adjust,” Powell said in a Friday speech from Jackson Hole, Wyo. that looked back over the monetary response to the pandemic.

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