There's No Risk-Free Path' in Monetary Policy, Says Powell -

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Dow Jones NewsSep 17, 7:03 PM UTC
DJ 'There's No Risk-Free Path' in Monetary Policy, Says Powell -- WSJ

By Harriet Torry

 

Federal Reserve Chair Jerome Powell noted that the central bank is facing a difficult and unusual situation-a weakening labor market combined with still-elevated inflation. Ordinarily, a weaker labor market would call for lower interest rates while elevated inflation would call for a more restrictive policy stance.

 

It's a "situation where there's two-sided risk, there's no risk-free path," Powell told reporters, a factor reflected in the range of views in the central bank's quarterly Summary of Economic projections.

 

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

 

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September 17, 2025 15:03 ET (19:03 GMT)

 
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