Fed rate cut talks heat up. 📉 Powell signals a possible move in September, as weak jobs and sticky inflation
Fed chief Jerome Powell has hinted that one could be on the table in September. He’s stuck between two problems—job growth slowing and inflation staying stubborn. Trump is shouting for cuts right now, but Powell wants to wait for more data before making the call at the Sept 16-17 meeting.
-
The Fed has kept interest rates steady at 4.25%-4.50% since December.
-
Powell says risks to jobs are rising while inflation is still a worry.
-
Trump wants Powell to quit and is pushing hard for an immediate Fed rate cut.
-
Powell’s term runs until May 2026, and he plans to finish it.
👉 Why this matters: A Fed rate cut could lower loan EMIs, shift global markets, and affect job security.
🔗 Read more: India Today
🔍 Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
✅ We credit all sources and focus on accurate, simplified, and growth-driven news only.
🙋 Have a story or opinion? Submit your article or comment below.
👤 Edited & Approved by Debraj Paul, Founder of Articoli News.