Powell warns of inflation risks from ‘aggressive rate cuts’

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WASHINGTON U.S. Federal Reserve chief Jerome Powell has warned that slashing interest rates too quickly could allow inflation to remain elevated, but stressed in prepared remarks that "there is no risk-free path" forward. "If we ease too aggressively, we could leave the inflation job unfinished and need to reverse course later to fully restore two-percent inflation," he said in a speech to a Rhode Island event. "If we maintain restrictive policy too long, the labor market could soften

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Powell warns of inflation risks from ‘aggressive rate cuts’ https://www.hurriyetdailynews.com/ - 24.09.2025 10:04

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Powell warns of inflation risks from ‘aggressive rate cuts’ https://www.hurriyetdailynews.com/ - 24.09.2025 10:04