Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
At the Greater Providence Chamber of Commerce on September 23, 2025, Federal Reserve Chairman Jerome Powell gave a measured but sobering speech highlighting the fundamental bank's shaky position amid conflicting economic threats. Describing a "challenging situation" with "two-sided risks," he said that short-term inflation pressures tilt upward while employment vulnerabilities pull downward, therefore giving no distinct, risk-free policy route. Powell warned that rapid rate easing would throw off the current fight against inflation, hence requiring a terrible turnaround to reach the 2% target. Prolonging the tight Policy threatens to further deplete the job market. This arrives just days after the Fed's first 2025 rate reduction of 25 basis points, which lowers the federal funds rate to 4.00%–4.25% with projections for two more quarter-point decreases by year-end.
Powell gave a grim picture of labor market vulnerability, retreating from earlier ideas of "solid" conditions to acknowledge "significant weakness" in a "low-fire, low-hire economy." With job increases dropping to only 25,000 per month over the last three months—below the level required to stabilize unemployment—upside dangers and confirming the recent rate trim. On inflation, he admitted continuous elevation and great ambiguity, citing tariffs as a primary cause of increases in goods costs. Powell emphasized the need of caution to stop tariff effects from setting off persistent pricing pressures, therefore justifying the Fed's careful attitude toward further easing even as he saw them as rather a temporary "one-time event."
Against stronger political headwinds from President Trump, who criticizes Powell's pace and aims amid greater economic resilience—outpacing other developed countries in spite of worldwide events—the speech unfolds. aggressive rate reductions by appointee Stephen Miran. Powell portrayed the present posture as "modestly restrictive," yet adaptive, ready to steer toward neutral according to data streams, even as companies and homes struggled with policy change. With his term ending in May 2026 and a successor search running, the comments show how the Fed negotiates not just financial crosscurrents but also a changing political environment.
