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Powell: More and More Officials Want to Postpone Rate Cut

By: theblockbeats.news|2025/10/29 19:47:56

BlockBeats News, October 30th, Federal Reserve Chairman Powell stated that more and more Fed officials are ready to postpone the upcoming rate cut. Powell said, "After cutting rates at the past two policy meetings, some officials felt that they wanted to take a wait-and-see approach. Now, more and more people think that perhaps we should at least wait for one cycle." (FXStreet)

Powell: Interest Rates Now Within Range of Many Neutral Rate Estimates

OpenAI is planning to go public in 2027, with a valuation potentially reaching $1 trillion.