Fed Chair Powell Holds Firm On 'Wait-And-See' Approach To Rate Cuts

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Fed Chair Powell Holds Firm On 'Wait-And-See' Approach To Rate Cuts

finance.yahoo.com/news/fed-chair-powell-holds-firm-150038587.html

Key Takeaways
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Federal Reserve Chair Jerome Powell defended the central bank's high interest rate policy Tuesday in Congress.
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Powell has resisted President Donald Trump's demands to cut interest rates and has said Trump's tariffs risk pushing up inflation.
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Powell said the Fed needs…

This story appeared on finance.yahoo.com, 2025-06-24 15:00:38.