HomeMarketsFed WatchBooth: Fed's Unsurprising Cut, Surprising Commentary from Jerome Powell

Booth: Fed's Unsurprising Cut, Surprising Commentary from Jerome Powell

Danielle DiMartino Booth (@DanielleDiMartinoBoothQI) says the Fed's latest rate cut didn't come as a surprise, but added that Jerome Powell's commentary about taking "December off the table" did. She notes the increase in dissent opinions on the rate adjustments, with voices on both sides of the inflation date. Danielle discusses the Fed's dual mandate, especially the labor market weakening, adding that Fed Chair Powell is not listening to the concerns from U.S. workers. Danielle later weighs in on the ongoing search for the Fed Chair replacement.

Morning Movers

30 Oct 2025

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