Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates

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Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates

nytimes.com/2025/06/24/business/powell-reiterates-feds-wait-and-see-approach-before-cutting-rates.html

The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.

This story appeared on nytimes.com, 2025-06-24 12:31:23.