Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Fed's Paulson delays further rate cuts, citing need for more data on growth and jobs despite moderating inflation.
Federal Reserve Bank of Philadelphia President Anna Paulson said further rate cuts may be delayed as the Fed evaluates economic data after three cuts in 2025.
She noted inflation is moderating, growth is around 2%, and the labor market is stabilizing, though slowing.
With the current rate range of 3.5% to 3.75% still somewhat restrictive, Paulson expressed cautious optimism that inflation could reach the 2% target by year-end, especially after tariff-related price adjustments.
She stressed the need for more clarity on growth and employment trends before additional easing, emphasizing the Fed’s balancing act between inflation control and labor market stability.
Paulson de la Fed retrasa nuevos recortes de tasas, citando la necesidad de más datos sobre crecimiento y empleo a pesar de la inflación moderada.