Powell Says Fed Watching Private Credit 'Super Carefully'

Fed Chair Jerome Powell said at Harvard the Fed is "following very carefully" recent private credit market concerns, signaling close monitoring of potential financial stability risks. No immediate policy action or rate guidance change was announced.

Analysis

Fed Chair Jerome Powell said at Harvard the Fed is "following very carefully" recent private credit market concerns, signaling close monitoring of potential financial stability risks. No immediate policy action or rate guidance change was announced.