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Fed's Powell still has a chance to save the economy before it's too late, Cramer says
video With a month left until the Federal Reserve's next widely expected interest rate hike, Fed Chair Jerome Powell is facing a critical juncture that could determine the trajectory of the U.S. economy, CNBC's Jim Cramer said Thursday. After hearing Powell's remarks in a Wednesday interview with Dallas Fed President Robert Kaplan, Cramer felt that for the first time, Powell was growing cautious about the pace at which the Fed is raising rates. The central bank has said it plans to raise rates once more in December and three times in 2019. In a question-and-answer session during the interview in Dallas, Powell ... (full story)
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