Powell: This rate cut is a risk management rate cut
Source: ChainCatcher
Time: 2025-09-18 03:25:58
According to ChainCatcher, according to Kingsen, the Federal Reserve cut interest rates by 25 basis points in September, a move that has been supported by most of the Federal Reserve officials appointed by Trump. Only the new director Milan opposes it and hopes to cut interest rates by 50 basis points. In a press conference, Fed Chairman Powell said Wednesday's rate cut was a risk management decision, adding that he did not see the need to adjust interest rates quickly. (Jin Shi)