Powell Made a ‘Serious Mistake’ Not Cutting Rates, Warren Says

Fed Chair Jerome Powell made “a serious mistake” in not cutting interest rates, Senate Democrat Elizabeth Warren says in a post on X.

• Powell needs to cut rates now, not wait six weeks, Warren says
• NOTE: US Unemployment Rate Rises Again, Cementing Path to Fed Rate Cut

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Alisa Parenti in Washington at aparenti7@bloomberg.net

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Megan Howard at mhoward70@bloomberg.net

Maria Luiza Rabello

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