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Fed’s risk management cut

Thursday 18th September 2025

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Jerome Powell called today’s rate cut, and the increased dots plot for the remainder of the year, part of their risk management approach. Although some might say increasing the expectation for cuts, whilst highlighting the potential for a weaker labour market and forecasting an increase in inflation was throwing caution to the wind. Certainly, bond markets have been on a journey in the last few hours. NAB’s Ken Crompton joins Phil to talk through the decision, what was…

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