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Jerome Powell says the Fed can afford to ‘wait and see’ before cutting rates. Other economists aren’t so sure
fortune.com/2025/05/08/jerome-powell-fed-afford-wait-cutting-rates-economists
The Federal Reserve is yet to cut interest rates in 2025 as it seeks greater clarity on the eventual effects of President Donald Trump’s tariff policy. While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this approach…
This story appeared on fortune.com, 2025-05-08 17:40:40.