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Powell: The labor market will influence policy decisions

Oct 30, 2025 02:50:45

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ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated in a speech that if the data shows an improvement in the labor market, it will influence decision-making. He pointed out that today's rate cut has strong and firm support, but it is uncertain what data will be available before the December Federal Open Market Committee meeting. (Jinshi)

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