Paulson: Job Market 'Bending, Not Breaking'
Update: 2025-12-12
Description
Philadelphia Federal Reserve President Anna Paulson expresses optimism about current monetary policies ability to bring inflation down to the Feds target of two percent. She attributes this to the expected decrease in inflation next year due to the waning impact of tariffs. Paulson views the current federal funds rate as somewhat restrictive and believes that the Feds previous measures, including rate cuts, have safeguarded the job market. She anticipates having more information by January to discuss rate policy and provide clearer insights into inflation, employment, and associated risks.
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