Paulson: More Rate Cuts May Be Off
Update: 2026-01-03
Description
Federal Reserve Bank of Philadelphia President Anna Paulson suggests that further interest rate cuts may not be imminent, as the central bank assesses the economy following last years easing moves. She anticipates inflation to ease, the job market to stabilize, and growth to remain around two percent this year. If these trends hold, Paulson expects modest adjustments to the federal funds rate later in the year. Currently, she views the current target range as slightly restrictive to combat lingering inflation pressures. Paulson expresses cautious optimism, predicting inflation to approach two percent by year-end and the labor market to remain resilient despite supply and demand shifts. With her vote on the rate-setting committee this year, Paulsons outlook indicates patience as the Fed seeks clearer signals on growth and jobs before easing more.
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