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"Stupid" Powell Does Not Cut Rates (As Expected) Despite 'Diminished Uncertainty', Worse Stagflation
zerohedge.com/markets/stupid-powell-does-not-cut-rates-expected
"Stupid" Powell Does Not Cut Rates (As Expected) Despite 'Diminished Uncertainty', Worse Stagflation
Tl;dr: The Fed held rates flat as expected, which will likely upset Trump even more.
The Fed did not shift its view of rate-cut expectations for 2025 despite calling for higher…
This story appeared on zerohedge.com, 2025-06-18 18:00:00.