Powell: Fed Ready for Economic Shifts, No Imminent Rate Cut
Update: 2025-12-10
Description
Federal Reserve Chairman Jerome Powell maintains a cautious stance on interest rates, with no immediate plans for a cut. The Fed has already reduced rates by 175 basis points, placing the federal funds rate near its neutral value. Powell emphasizes a flexible approach, making decisions on a meeting-by-meeting basis, and will adapt to economic conditions as they evolve.
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