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Fed Chair Powell Keeps Door Open For Interest Rate Cuts
Yahoo Finance·2025-10-15 02:32

Hannah Beier / Bloomberg via Getty Images Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Philadelphia, Pennsylvania, US, on Tuesday. Key Takeaways Federal Reserve Chair Jerome Powell said data show the job market deteriorating, suggesting he and other Fed officials will be willing to cut the central bank's key interest rate in the coming months to boost the job market. The Fed is tasked with maintaining price stability a ...