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Fed Declines to Bet Economy on Outcome of US-China Trade Talks

Summary by thedailyupside.com
What begins in Switzerland over the weekend could have a dramatic impact on the US and global economies … or be a total nothing-burger. In so many words, such was the dry and sage analysis of Federal Reserve Chair Jerome Powell, when asked at a Wednesday news conference about plans for US and Chinese officials to hold negotiations about tariffs in the Alpine nation. Markets digested the Fed’s decision to hold interest rates steady amid the tarif…

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thedailyupside.com broke the news in on Thursday, May 8, 2025.
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