US EditionFed to hold off on rates
- Financial markets showed sharp volatility after President Trump announced tariffs on April 2.
- This volatility arose as the Fed considered potential threats to its congressional mandates.
- Most tariffs were quickly put on hold, but the market speculated on Fed actions.
- Jerome Powell stated: The Fed can be patient and wait to see the impact of economic policies.
- The Fed will observe how tariffs and other policies affect inflation and employment before acting.
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Mason City Globe Gazette+6 Reposted by 6 other sources
Federal Reserve chair says rate cut must wait
WASHINGTON — The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making changes to interest rates, Chair Jerome Powell said Wednesday.
Powell says Fed can wait on interest rate moves as tariff battle with China continues
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.
·Washington, United States
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Coverage Details
Total News Sources18
Leaning Left4Leaning Right0Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 27%
C 73%
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