Powell Signals Fed Is on Track to Keep Cutting Rates
NeutralFinancial Markets

Jerome H. Powell, the chair of the Federal Reserve, has indicated that while economic activity is showing signs of improvement, concerns about the labor market remain significant. He acknowledged that the economy is on a firmer path than anticipated but emphasized that risks to employment have increased. This is important as it highlights the Fed's cautious approach to monetary policy amidst ongoing challenges, particularly those linked to tariffs imposed by President Trump.
— Curated by the World Pulse Now AI Editorial System