When The Fed Blinks: Why Protecting Jobs Now Outweighs Taming Prices

Source: International Business Times

AFP The Federal Reserve's decision this week to lower its benchmark interest rate marks what many see as a bold pivot—one that could reshape the economic narrative heading into 2026. After holding rates at their highest level in over two decades, the Fed trimmed the federal funds rate by 25 basis points, signaling what Chair Jerome Powell described as a "shift toward supporting continued labor market strength" during his post-meeting press conference. According to the U.