Federal Reserve Chairman Jerome Powell signalled on Wednesday that a rate cut could be implemented at the September meeting, expressing optimism about recent progress on inflation. As widely expected, the US central bank opted to keep rates unchanged for the eighth consecutive meeting in July, maintaining the 23-year high range of 5.25-5.50%. Yet, Powell revealed that there was a ‘real discussion’ among policymakers about the possibility of a rate adjustment in July. However, the unanimity ultimately decided to postpone the decision to September. Economy in better balance, Powell opens the doo…