Fed Chair Jerome Powell Warns of ‘Challenging Balancing Act’ in First Speech After Rate Cut
Fed Chair Jerome Powell’s September 23, 2025 speech in Rhode Island highlighted the Fed’s cautious stance after its latest rate cut. He warned of slowing U.S. growth, labor market weakness, and persistent inflation pressures while stressing data-driven policy ahead of the October FOMC meeting. Fed Chair Jerome Powell Warns of ‘Challenging Balancing Act’ U.S. Federal …