Employment risks continue to outweigh inflation concerns, Fed chair says
AI boom has offset the drag from tariffs, but growth prospects have dimmed
“A few” said they could have supported keeping rates steady
Government shutdown has markets, the Fed, looking for alternative data
Remarks contrast with Trump appointee's calls for swift reductions
Stephen Miran calls for a benchmark rate closer to 2.5%
This is the Fed’s first cut since December, lowering the short-term rate to about 4.1%
Economists expect a measured approach, but weak jobs data could push the Fed to act faster
Confirmation vote raises concerns over central bank's independence
Inflationary pressure, weak labour market complicate decision