Fed Chair Powell: We haven't made any decision about January

Group 1 - The Federal Reserve is currently in a unique situation where it faces tension between its two primary goals, indicating a balanced approach is necessary to address both objectives [4][5] - The Fed has been moving towards a neutral stance in its monetary policy, currently positioned at the high end of the neutral range [5] - There have been three interest rate cuts recently, but no decisions have been made regarding future actions, with the Fed adopting a wait-and-see approach to economic performance [6] Group 2 - The Fed has refrained from commenting on the upcoming Supreme Court hearing, emphasizing that it is not a legal commentator and prefers not to engage in public discussions on the matter [1][2] - The current economic situation is not comparable to the 1970s or the 1990s, highlighting the uniqueness of the present circumstances [4] - The Fed's framework suggests that when both goals are equally threatened, a neutral policy stance is appropriate to avoid favoring one goal over the other [5]