$NVIDIA (NVDA.US)$ - Federal Reserve Chairman Jerome Powell ...

$NVIDIA(NVDA.US)$ - Federal Reserve Chairman Jerome Powell indicated an interest rate cut is “on the table” for the Fed’s next meeting in September, adding lower rates are “approaching.” Despite the market rally, some analysts suggest the Fed could be too late in cutting rates, including former Fed Vice Chair Alan Blinder, who urged the Fed to cut rates this month: “Why wait?”