Powell’s Remarks Keep Investors Guarded After Fed Rate Cut

The Federal Reserve lowered its benchmark interest rate by 25 basis points to a 4.75%–5% corridor, signaling cautious policy adjustment. Chair Jerome Powell refrained from confirming additional cuts, emphasizing data dependence on inflation and employment. Markets reacted with volatility as equities wavered and Treasury yields fluctuated. Economists noted that the move balances growth concerns with inflation control, suggesting a measured recalibration rather than a pivot toward sustained easing. Global investors remain alert to the Fed’s next communication in December.