Federal Reserve Chair Jerome Powell delivered a blunt message for investors who have assumed the central bank would be on cruise control toward a third rate cut in December: Not so fast.

Powell forcefully warned against assuming another rate cut is a done deal as officials navigate an economy where spending is solid but hiring has slowed. 2025-10-30 01:32:00 Nick Timiraos

Continue ReadingFederal Reserve Chair Jerome Powell delivered a blunt message for investors who have assumed the central bank would be on cruise control toward a third rate cut in December: Not so fast.