Federal Reserve Chair Jerome Powell believes that recent inflation data supports a potential interest rate cut. September’s Consumer Price Index (CPI) increased by just 0.1%, signaling inflation may be cooling down. Powell is considering a 25 basis point rate cut in November to balance inflation control with employment. However, strong job growth complicates the decision. Globally, central banks in countries like New Zealand and South Korea are also preparing rate cuts. Meanwhile, U.S. and European economic indicators will further influence policy direction. #FederalReserve #Inflation #InterestRates #JeromePowell