Federal Reserve Chairman Jerome Powell indicated that the Fed is in no rush to cut interest rates, citing uncertainty over the economic impact of President Trump’s tariff policies. While Trump called for rate cuts to address inflationary pressures, Powell emphasized that the Fed would wait for more clarity on economic conditions before making any decisions.
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Federal Reserve Chairman Jerome Powell indicated that the Fed is in no rush to cut interest rates, citing uncertainty over the economic impact of President Trump’s tariff policies. While Trump called for rate cuts to address inflationary pressures, Powell emphasized that the Fed would wait for more clarity on economic conditions before making any decisions.
