Fed Chair Powell worried about hiring slowdown — a sign more rate cuts are coming
1. Powell signals Fed likely to cut key interest rates twice more this year. 2. Hiring slowdown raises risks to the U.S. economy according to Powell. 3. Employment and inflation outlooks remain stable despite government shutdown. 4. Lower rates could ease borrowing costs for mortgages and business loans. 5. Fed's $6.6 trillion balance sheet may soon stop shrinking.