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Fed's Powell sees 'no risk-free path' for interest rates after central bank's cut last week
Yahoo Finance·2025-09-24 00:59

Federal Reserve Chairman Jerome Powell said there is “no risk-free path” for the central bank's next policy move as inflation remains elevated while the job market weakens. It's "a challenging situation," Powell said during a speech in Rhode Island on Tuesday, reiterating that the Fed must balance its dual goals of maximum employment and price stability. "Two-sided risks mean that there is no risk-free path,” he added. Powell’s comments repeated many of the same points he made last Wednesday after the ...