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Powell says Fed rate cut is on hold even

USA TODAY on MSN · 1h

Will Fed chair shift stance on interest rates? How Powell will respond to Trump pressure

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” Powell told the House Financial Services Committee.

The New York Times · 1h

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

The Fed chair tells lawmakers that the central bank can afford to be patient amid uncertainty about how President Trump’s policies will impact the economy, even as divisions between officials emerge.

CBS News on MSN · 4h

Fed Chair Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the House Committee on Financial Services,

5h

Why Has the Fed Held Rates Steady Despite Strong Economic Data?

Chair Powell acknowledged on Tuesday that “if you look in the rearview mirror and look at existing data that we’ve seen, you ...

12hon MSN

The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.

Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...

1hon MSN

Minneapolis Fed's Kashkari says inflation rate on its way to target

While the current inflation rate of 2.5% is above the Federal Reserve's goal of 2%, Minneapolis Federal Reserve Bank ...

1d

Federal Reserve holding interest rates steady delays relief for consumers this summer

Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...

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