Federal Reserve Chair Jerome Powell reaffirms that there is no risk-free policy path ahead
2025-09-23 16:56:17
Fed Chairperson Jerome Powell reiterated that there was no risk-free policy path ahead, saying that the policy stance remained moderately restrictive and was fully prepared to deal with potential developments; that a rate cut was another step towards a more neutral policy stance; that long-term inflation expectations were in line with the 2 per cent target and that there could be "one-off" price increases in coming quarters; and that commodity price increases largely reflected tariff factors rather than broader price pressures.
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