Powell stresses message that US job market is cooling, a possible signal of coming rate cut
![Powell stresses message that US job market is cooling, a possible signal of coming rate cut](https://static.independent.co.uk/2024/07/10/17/Federal_Reserve_Powell_59257.jpg?width=1200&auto=webp)
Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon