Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

Aug 22, 2025 - 00:00
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Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.