Federal Reserve Chair Jerome Powell will face a delicate bal
MrUdayaEranga
Updated at: 4 hours ago
{"content":"Federal Reserve Chair Jerome Powell will face a delicate balancing act when he speaks Tuesday before the National Association for Business Economics in Philadelphia. His remarks, expected at 12:20 p.m. ET, will mark his first major public appearance since the Fed’s policy meeting last month, which exposed deep divisions among Fed officials about the timing and magnitude of future interest-rate cuts.
The Fed cut rates by a quarter of a percentage point at its September meeting, to a target range of 4.00%-4.25%. The decision was nearly unanimous; only newly installed Governor Stephen Miran dissented in favor of a half-point cut. But Fed officials’ economic projections told a different story: Policymakers were nearly split down the middle between those who see the need for additional cuts this year and those who think the current policy stance is sufficiently accommodative","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/14/5e23d907490d46bfbb728b3392168212.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}