Nick Timiraos: Under Powell's leadership, the Fed's third interest rate cut ChainCatcher reports that "Fed mouthpiece" Nick Timiraos stated that this is the third interest rate cut under Powell's leadership, despite the economy not facing obvious downturns. However, considering the more challenging inflation situation and political factors (the White House's confrontational stance), the stakes in 2019 and 2024 are different from those now.

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