Buffalo, N.Y. (WBEN) – Late last week, Federal Reserve Chair Jerome Powell opened the door to lowering interest rates in the coming months, saying the balance of risks have started to shift across the economy.
Those risks, Powell said, include weaker payroll gains and concerns about the pace of job growth.
“Up to this point, Powell’s speeches have been pretty firm on ‘We are bringing inflation down to 2%,’ but in this speech he is maybe starting to look more at the employment side of things,” said Michael Angelucci of Level Financial Advisors…