Story perspectives

Fed's Paulson Calls for Rate Cuts Amid Job Risks

10/14/2025

32 5

Summary

Story summary

Anna Paulson, head of the Philadelphia Federal Reserve, urged more rate cuts amid rising job-market risks.
She said trade tariffs are unlikely to significantly boost inflation.
The Fed lowered the benchmark rate to 4.00%-4.25%, with further cuts expected before the end of 2025.
Paulson described policy as "modestly restrictive" and said it will adjust to incoming data.
For 2026, she sees growth near potential and inflation initially rising before stabilizing.

1 of 1

Story summary

Anna Paulson, head of the Philadelphia Federal Reserve, urged more rate cuts amid rising job-market risks.
She said trade tariffs are unlikely to significantly boost inflation.
The Fed lowered the benchmark rate to 4.00%-4.25%, with further cuts expected before the end of 2025.
Paulson described policy as "modestly restrictive" and said it will adjust to incoming data.
For 2026, she sees growth near potential and inflation initially rising before stabilizing.