Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts. In an interview with Bloomberg Host and Carlyle Co-Founder & Co-Chairman David Rubenstein at an Economic Club of Washington event, Powell highlighted the three latest inflation readings, though he made clear he didn’t intend to send any specific message about the timing of rate reductions. This interview was recorded July 15 in Washington, DC.

<p>Federal Reserve Chair Jerome Powell said second-quarter economic data has provided policymakers greater confidence that inflation is heading down to the central bank’s 2% goal, possibly paving the way for near-term interest-rate cuts. In an interview with Bloomberg Host and Carlyle Co-Founder &amp; Co-Chairman David Rubenstein at an Economic Club of Washington event, Powell highlighted the three latest inflation readings, though he made clear he didn’t intend to send any specific message about the timing of rate reductions. This interview was recorded July 15 in Washington, DC.</p>

What makes a great leader? How can leadership be developed into a force for true achievement? The David Rubenstein Show: Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. Renowned financier and philanthropist David Rubenstein travels the country talking to leaders to uncover their stories and their path to success. Each episode features an interview with one business leader.

Renowned financier and philanthropist David Rubenstein travels the country talking to leaders to uncover their stories and their path to success

The David Rubenstein Show

Jerome Powell

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d4b03a29-c577-4b48-b40d-b1b7012b1a13/transcript

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