"It's a very difficult judgement."Economic growth in the US has slowed since last year, and the unemployment rate has ticked higher, though it remains, at 4.1%, low by historic standard...
5% last month, according to one measure.In its official statement, the Fed said that job gains had "moderated" and unemployment was rising, while noting that its fight to stabilise prices ha...
"If the Fed waits until it has clarity on unemployment and inflation before cutting rates, it will be too late," he said. "The balance of risks today already suggests it’s time to get o...
Republican candidate Donald Trump has already suggested such a move would amount to playing and undermine the bank's claims to political independence. Mr Powell said the bank was focused on econo...