Powell: After the rate cut in September, the Fed is now in a "favorable position"; overly tight policies may impact the labor market.

On September 24, Fed Chairman Powell stated that current job growth seems too weak to maintain stable unemployment rates. If policies are too tight, it could unnecessarily impact the labor market. Tariff-driven price pressures may be "transitory" and will not be "immediate." After the rate cut in September, the Fed is now "in a favorable position." ( Jin10 )

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