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Powell Says Fed Can Wait To Cut Interest Rates
Mint Mumbai
|June 25, 2025
Trump Is Urging The Fed To Cut Rates To Save Money On Interest Payments Affixed To The Vast National Debt
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.
"For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said in prepared remarks he will deliver Tuesday before the House Financial Services Committee.
Cette histoire est tirée de l'édition June 25, 2025 de Mint Mumbai.
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