Powell: The future direction of monetary policy will be driven by data and threat and risk assessment
2025-10-14 16:27:08
Federal Reserve Chairperson Jerome Powell said the future direction of monetary policy will be driven by data and threat and risk assessments. The balance sheet remains an important monetary policy tool, and an early halt to the expansion of the balance sheet could have had a smaller impact. Rising labor market risks justify the September rate cut. Labor market expectations remain on a downward trend.
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