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Jerome Powell may finally grant Trump his interest rate wish thanks to China deal
fortune.com/2025/05/13/jerome-powell-trump-interest-rate-cut-china-tariff-deal
Yesterday's 90-day pause on U.S.-China tariffs has eased economic uncertainty, improving the odds of a future Federal Reserve rate cut—something long pushed for by President Donald Trump. However, most economists still expect the Fed to hold off on cuts until late 2025 or early 2026,…
This story appeared on fortune.com, 2025-05-13 10:13:54.