April 28, 2025

Fed’s Jerome Powell finds rate cut reassurance in US inflation

1 min read

Jerome Powell, the Federal Reserve Chair, is betting on a drop in U.S. inflation as the third quarter comes to a close, offering him the reassurance needed to move forward with planned rate cuts. Data points to the consumer price index (CPI) rising by just 0.1% in September, the smallest jump in three months. Compared

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