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8월 25일

* Powell said at the Jackson Hole symposium Friday that "the time has come for policy to adjust," noting that the data will determine the timing and pace of rate cuts and suggesting that the balance of risks shifted.

* "Overall, the economy continues to grow at a solid pace," Powell added. "But the inflation and labor market data show an evolving situation. The upside risks to inflation have diminished. And the downside risks to employment have increased."