Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year

foxbusiness.com/economy/fed-chair-powell-confirms-tariff-concerns-prevented-interest-rate-cuts-so-far-year

Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed likely would've cut rates this year if not for those tariff worries.
Powell participated in…

This story appeared on foxbusiness.com, 2025-07-01 20:05:34.
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