Powell: "We're not on autopilot" — The Fed has lowered the rate to 4%
According to the head of the Fed, inflation remains above the target but is stabilizing. The decision to lower the rate by 0.25 percentage points was made "as part of risk management."
Powell emphasized that the policy will remain cautious, especially in light of Trump's tariffs and the implementation of AI. QT will conclude on December 1, after which the regulator's balance will be frozen.
The probability of a rate cut in December has fallen to 71%.
AI
0.0573
-3.04%
XAI
--
--
WLD
0.704
-4.08%