Powell's Hawkish Cut: Fed's Delicate Rate Balance
Update: 2025-12-07
Description
Federal Reserve Chairman Jerome Powell faces a delicate task as the central bank meets, with policymakers divided on whether to raise or lower interest rates. Wall Street anticipates a hawkish cut, where Powell will likely lower rates this month but not suggest another cut in January. This approach aims to satisfy both sides, but Powells ability to maintain a firm stance may be challenged by upcoming economic data releases, including job numbers, retail sales, and the consumer price index. Despite these challenges, Powell could still navigate the situation by indicating that significant weakening in job data would be necessary for a January cut or arguing that current rates arent overly restrictive when considering inflation.
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