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Jerome Powell calls the Fed's rate reduction a ‘risk management cut
Youtube· 2025-09-18 03:12
Colobby. Uh, Colobby Smith for the New York Times. Um, should we be viewing today's cut as the committee taking out some insurance against the possibility that the labor market is at risk of weakening.Or is it the committee's view that the dynamics of a downturn are already in place. I guess I'm just, you know, trying to square the shift in the rate forecast in the SEP uh towards more cuts than just um three months ago with the fact that the forecast for unemployment didn't change. Yeah, I think you could t ...