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The Economic Times News

Markets / The Economic Times

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Well positioned to wait and watch: US Fed's Jerome Powell on further rate cuts

Federal Reserve Chair Jerome Powell indicated the central bank is well-positioned to pause interest rate adjustments, awaiting further economic data. Having already cut rates by 75 basis points this year, the Fed funds rate is now considered within its neutral range. Powell clarified that a rate hike is not the base case for future policy decisions.

11 Dec 2025 1:45 am