Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Paris, France. (Photographer: Christophe Morin/Bloomberg)

Fed Leaning Toward a Quarter-Point July Rate Cut Led by Powell

Jul 21 2019, 8:38 PMJul 22 2019, 5:50 AMJuly 21 2019, 8:38 PMJuly 22 2019, 5:50 AM

(Bloomberg) -- Federal Reserve Chairman Jerome Powell and his colleagues look primed to cut interest rates by a quarter percentage point later this month, eschewing a bigger move in what would be t...