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Fed Chair Powell Cautions Against Expecting a December Rate Cut
Youtube·2025-10-30 04:11

At today's meeting, the committee decided to lower the target range for the federal funds rate by a quarter percentage point 2 to 3 and three quarters to 4%. Conditions in the labor market appear to be gradually cooling and inflation remains somewhat elevated. The shutdown of the federal government will weigh on economic activity while it persists, but these effects should reverse after the shutdown ends.If you were to see data that suggests that the labor market is strengthening or even that it's stabilizi ...