Federal Reserve Maintains Restrictive Monetary Policy Amid Economic Uncertainty
Fed officials signal readiness to adjust rates in response to evolving inflation and labor market conditions.
- Minneapolis Fed President Neel Kashkari and Richmond Fed President Thomas Barkin describe the current policy rate as modestly contractionary.
- The Federal Reserve recently cut its policy rate by a quarter percentage point, bringing it to the 4.50%-4.75% range.
- Inflation remains slightly above the Fed's 2% target, with underlying inflation pressures persisting.
- Labor market resilience is evident, though monthly job gains have slowed, and unemployment is at 4.1%.
- Upcoming U.S. administration changes and potential economic policies introduce additional uncertainty for future Fed actions.
Denver Gazette 
