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Fed Chair Powell Signals Cautious Approach Amid Inflation

9/24/2025

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Summary

Story summary

Federal Reserve Chair Jerome Powell signaled rate settings aim to manage inflation and a slowing labor market, with no urgent move to cut.
Job growth averaging about 25,000 jobs per month.
Inflation remains elevated, partly due to tariffs, and the Fed faces pressure from the Trump administration to cut rates; some officials urge caution.

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Story summary

Federal Reserve Chair Jerome Powell signaled rate settings aim to manage inflation and a slowing labor market, with no urgent move to cut.
Job growth averaging about 25,000 jobs per month.
Inflation remains elevated, partly due to tariffs, and the Fed faces pressure from the Trump administration to cut rates; some officials urge caution.