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Fed Cuts Rates, Powell's Comments Stir Market Doubts

Fed Cuts Rates, Powell's Comments Stir Market Doubts

Schwab Network · Schwab Network

October 29, 20258m 1s

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Show Notes

The Fed cut rates 25 basis points, but Powell's commentary sows market uncertainty. Jeanette Garretty breaks down the Fed's decision and the surprising press conference that followed, where Chairman Powell's comments on the dual mandate, inflation, and the labor market picture in the absence of government data, added to market uncertainty.


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