Fed’s Powell expected to push back this week against calls for rate cuts

Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and many on Wall Street for interest-rate cuts, economists say.

May 5, 2025 - 12:08
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Fed’s Powell expected to push back this week against calls for rate cuts
Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and many on Wall Street for interest-rate cuts, economists say.