Powell Resists Trump Pressure for Aggressive Rate Cuts

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Federal Reserve officials expect to cut interest rates just twice this year, down from earlier projections, as policymakers confront persistent inflation and uncertainty over the Trump administration’s trade policies. The central bank held its benchmark rate at 4.25% to 4.5% following its June meeting, with Chair Jerome Powell defending the cautious approach during congressional testimony […] The post Powell Resists Trump Pressure for Aggressive Rate Cuts appeared first on the deep dive.

Powell Resists Trump Pressure for Aggressive Rate Cuts

thedeepdive.ca - 25/Jun 18:18

Federal Reserve officials expect to cut interest rates just twice this year, down from earlier projections, as policymakers confront persistent...

Powell resists Trump pressure: Fed chair tells House panel ‘we are well positioned to wait’, says more economic clarity needed

times of india - 24/Jun 12:53

Federal Reserve Chair Jerome Powell indicated the central bank's intent to hold steady on interest rates, prioritizing further economic data analysis...

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Powell Resists Trump Pressure for Aggressive Rate Cuts

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