Powell Says More Rate Cuts Coming, but No Need to Rush

Published: Sept. 30, 2024, 9:01 p.m.

P.M. Edition for Sept. 30. Fed Chair Jerome Powell said today that interest rate cuts can sustain a soft landing. And WSJ reporter Paul Berger on how a possible dockworker strike threatens to rattle the American economy five weeks ahead of the presidential election. Plus, Jeep owner Stellantis warns of a deteriorating global car market. The Journal\u2019s Stephen Wilmot explains the automaker\u2019s challenges. Tracie Hunte hosts.\n\n\n\nSign up for the WSJ's free What's News newsletter.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices