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News

Fed Chair Powell resists Trump pressure

Fox Business on MSN · 4d
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
Fortune on MSN · 4d
Jerome Powell says Fed would have lowered rates already if it weren’t for tariffs
After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait."
USA TODAY · 4d
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates.
The Hill4d
Jerome Powell says Donald Trump's tariffs held up Fed rate cuts - The Hill
Fed Chair Jerome Powell said the shock created by President Trump's tariffs earlier this year have delayed the central bank from cutting rates, citing fears of higher inflation.
Politico4d
Powell says Trump's tariffs have delayed rate cuts - POLITICO
Powell says Trump's tariffs have delayed lower rates but won’t rule out July cut. The Fed chief’s comments came as the president continues to hammer the central bank for not decreasing ...

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