Powell: The current economic rise may be better than expected, a rate cut in September is quite reasonable.

2025-10-14 16:21:08

On October 15, Fed Chairman Powell stated that the future direction of monetary policy will be driven by data and risk assessment. Data before the U.S. government shutdown indicated that economic growth may be better than expected. The downside risks to the U.S. labor market have risen. The rising risks in the labor market justify the rate cut in September. ( Jin10 )

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