Fed Chair Powell worried about hiring slowdown — a sign more rate cuts are coming

New York PostTuesday, October 14, 2025 at 4:56:16 PM
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Fed Chair Powell worried about hiring slowdown — a sign more rate cuts are coming
Fed Chair Jerome Powell expressed concerns about a slowdown in hiring, indicating that this could lead to more rate cuts in the future. Despite the federal government shutdown halting official economic data, Powell noted that the outlook for employment and inflation remains largely unchanged since September. This is significant as it highlights the ongoing challenges in the job market and the potential for further monetary policy adjustments.
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