Fed's Paulson sees more rate cuts ahead to bolster job market

By Michael S. Derby (Reuters) -In her first speech as head of the Philadelphia Federal Reserve, Anna Paulson said on Monday that rising risks to the job market argue for more interest rate cuts by the U.S. central bank, as trade tariffs are unlikely to push up inflation as much as expected. "Given my views on tariffs and inflation, monetary policy should be focused on balancing risks to maximum employment and price stability, which means moving policy towards a more neutral stance," Paulson said in the t ...