Washington | After delivering another essentially pointless interest rate cut - given America's robust economy and labour market - Jerome Powell spent the bulk of his post-decision press conference explaining why there probably won't be another.
The "mid-cycle adjustment" is over, it would seem.
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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
