Powell Says Fed Rates Are Borderline Restrictive

The Federal Open Market Committee left interest rates unchanged and Chair Jerome Powell said the Fed is in a "difficult situation" that requires balancing current risks. Powell's post-meeting remarks signal continued uncertainty about the policy path and a cautious stance, keeping markets sensitive to incoming economic data.

Analysis

The Federal Open Market Committee left interest rates unchanged and Chair Jerome Powell said the Fed is in a "difficult situation" that requires balancing current risks. Powell's post-meeting remarks signal continued uncertainty about the policy path and a cautious stance, keeping markets sensitive to incoming economic data.