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Powell: There will be reason to slow down rate cuts if no new information emerges
Summary: According to sources, Federal Reserve Chairman Powell stated that if no new information is obtained and the economic conditions appear unchanged, there will be reason to slow down the pace of rate cuts. It is hoped that more sufficient data will be available by December. The lack of data during the government shutdown may indicate ...
According to sources, Federal Reserve Chairman Powell stated that if no new information is obtained and the economic conditions appear unchanged, there will be reason to slow down the pace of rate cuts. It is hoped that more sufficient data will be available by December. The lack of data during the government shutdown may indicate the need to slow down policy adjustments. The debate on whether to slow down rate cuts in December is expected to continue.
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Link: Powell: There will be reason to slow down rate cuts if no new information emerges [Copy]
