Powell says Fed can wait to reduce interest rates as Trump demands cuts

theglobeandmail.com/business/article-powell-fed-wait-reduce-interest-rates-trump-demands-cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts.
“For the time being, we are well…

This story appeared on theglobeandmail.com, 2025-06-24 13:20:41.
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