The Fed will wait for trade war fallout before cutting interest rates, Jerome Powell says

No interest rate cut looms. The Federal Reserve doesn’t need to rush to react to the Trump administration’s new policies, but can wait for further data on their impact, Fed Chair Jerome Powell said.Read more...

Mar 7, 2025 - 20:12
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The Fed will wait for trade war fallout before cutting interest rates, Jerome Powell says

No interest rate cut looms. The Federal Reserve doesn’t need to rush to react to the Trump administration’s new policies, but can wait for further data on their impact, Fed Chair Jerome Powell said.

Read more...