Powell emphasizes patience amid Trump pressure in House testimony

thehill.com/business/5366315-fed-chair-powell-no-rush-to-cut-rates

Federal Reserve Chair Jerome Powell is in no hurry to lower interest rates despite calls from President Trump and looming price pressures coming from tariffs.
Testifying before the House Financial Services Committee on Tuesday, Powell stood by recent statements that the Fed will react to…

This story appeared on thehill.com, 2025-06-24 15:00:57.
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