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Powell: After the September rate cut, the Federal Reserve is "in a favorable position"; overly tight policy could impact the labor market

Powell: After the September rate cut, the Federal Reserve is "in a favorable position"; overly tight policy could impact the labor market

BlockBeats2025/09/24 03:02
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BlockBeats News, on September 24, Federal Reserve Chairman Jerome Powell stated that current employment growth appears too weak to maintain a stable unemployment rate. If policy is too tight, it could unnecessarily impact the labor market. Tariff-driven price pressures may be "temporary" and will not be "immediate." After the rate cut in September, the Federal Reserve is now "in a favorable position."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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