US Rate Cut a Trade Off as No Risk-Free Path With Inflation - Powell

NAMPA / Sputnik
2025-09-23
WASHINGTON, September 23 (RIA Novosti) - The first US rate cut in nine months was prompted by greater worries about the labor market than inflation, Federal Reserve Chairman Jerome Powell said Tuesday, adding there was "no risk-free" path anymore in deciding the right monetary policy. In carrying out the inaugural rate reduction for 2025, the Fed had to "balance both sides of our dual mandate" — meaning the central bank to pay attention to keepin......
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