{"id":176501,"date":"2025-08-24T08:26:41","date_gmt":"2025-08-24T08:26:41","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=176501"},"modified":"2025-08-24T09:18:56","modified_gmt":"2025-08-24T09:18:56","slug":"us-fed-chair-leaves-door-open-to-interest-rate-cut-in-key-speech","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/us-fed-chair-leaves-door-open-to-interest-rate-cut-in-key-speech\/","title":{"rendered":"US Fed chair leaves door open to interest rate cut in key speech"},"content":{"rendered":"<p>This <a target='_blank' rel=\"nofollow\" href=\"https:\/\/www.iol.co.za\/business-report\/international\/us-fed-chair-leaves-door-open-to-interest-rate-cut-in-key-speech-e1a0e9a8-04d2-419e-acc8-4f0a26a992b2\">post<\/a> was originally published on <a target='_blank' rel=\"nofollow\" href=\"https:\/\/www.iol.co.za\/\">this site<\/a><\/p><p><img decoding=\"async\" src=\"https:\/\/image-prod.iol.co.za\/16x9\/800?source=https:\/\/iol-prod.appspot.com\/image\/96a4120a013a75f9a4cdb2e62ea6678fe5c85bc6\/2000&amp;operation=CROP&amp;offset=0x67&amp;resize=2000x1125\" class=\"type:primaryImage\" \/><\/p>\n<p>US Federal Reserve chair Jerome Powell left the door open to cutting interest rates in a widely watched speech Friday, although he warned that risks of higher inflation and a weakening jobs market mean a &#8220;challenging situation.&#8221;<\/p>\n<p>&#8220;Downside risks to employment are rising,&#8221; Powell said, according to a copy of his prepared remarks at the Jackson Hole Economic Policy Symposium.<\/p>\n<p>This is his last such speech at the helm of the Fed, and investors are keeping a keen eye for signs of where interest rates could be headed.<\/p>\n<p>&nbsp;<\/p>\n<p>For now, Powell walks a tightrope in balancing the chances that President Donald Trump&#8217;s sweeping tariffs could fuel persistent inflation alongside those that the jobs market could weaken rapidly. He is also working while under a barrage of criticism from the Republican president.<\/p>\n<p>&#8220;While the labour market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers,&#8221; the central bank chief noted.<\/p>\n<p>He added that &#8220;the effects of tariffs on consumer prices are now clearly visible&#8221; and expected to accumulate over the coming months.<\/p>\n<p>There is high uncertainty, he believes, about the timing and amounts of the tariffs&#8217; effects.<\/p>\n<p>&#8220;We will not allow a one-time increase in the price level to become an ongoing inflation problem,&#8221; he said.<\/p>\n<p><strong>AFP<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>US Federal Reserve chair Jerome Powell left the door open to cutting interest rates in a widely watched speech Friday, although he warned that risks of higher inflation and a weakening jobs market mean a &#8220;challenging situation.&#8221;&#8221;Downside risks to employment are rising,&#8221; Powell said, according to a copy of his prepared remarks at the Jackson Hole Economic Policy Symposium.This is his last such speech at the helm of the Fed, and investors are keeping a keen eye for signs of where interest rates could be headed.\u00a0For now, Powell walks a tightrope in balancing the chances that President Donald Trump&#8217;s sweeping tariffs could fuel persistent inflation alongside those that the jobs market could weaken rapidly. He is also working while under a barrage of criticism from the Republican president.&#8221;While the labour market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers,&#8221; the central bank chief noted.He added that &#8220;the effects of tariffs on consumer prices are now clearly visible&#8221; and expected to accumulate over the coming months.There is high uncertainty, he believes, about the timing and amounts of the tariffs&#8217; effects.&#8221;We will not allow a one-time increase in the price level to become an ongoing inflation problem,&#8221; he said.AFP<\/p>","protected":false},"author":1,"featured_media":15164,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-176501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/176501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=176501"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/176501\/revisions"}],"predecessor-version":[{"id":176502,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/176501\/revisions\/176502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/15164"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=176501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=176501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=176501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}