đšđșđž POWELL SAYS DECEMBER CUT âFAR FROM ASSUREDâ AS FED TREADS CAREFULLY IN DATA DARKNESS
đčFed Chair Jerome Powell opened his post-FOMC press conference stressing that the economic outlook hasnât changed much since September, though AI-related layoffs and higher tariffs are affecting inflation and jobs.
đč He confirmed inflation near 2.8%, with tariff effects likely short-lived.
đčPowell called todayâs rate cut ârisk management,â warning that a December cut is not guaranteed amid the data blackout from the ongoing government shutdown.