Question 15: Disagreements over the future path of interest rate cuts Powell's answer: I think we have to accept the current situation. We have a large population, the unemployment rate is only 4.3%, and the economy is growing. What we can do is not control both unemployment and the economy at the same time. We can only do one thing, so we are all very serious about what we can do. Our judgment is difficult right now, but I think all the Fed's decisions this year have been correct. Interest rate cuts may resume at some point in the future, but it's uncertain when.