Federal Reserve could still cut interest rates this year, but for ‘bad’ reasons
- The Federal Reserve is expected to signal it could cut its key interest rate twice this year, maintaining the forecast from December.
- Interest rate cuts may switch from being based on declining inflation to addressing struggles caused by tariffs and economic uncertainty.
- Chair Jerome Powell indicated that the Fed is evaluating President Donald Trump's economic policies, stating, 'You’re trying to find the signal of what’s fundamental, and what is maybe tariff noise.'
- Powell described the costs of being cautious as 'very, very low.
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Federal Reserve could still cut interest rates this year, but for 'bad' reasons
Even as the economy undergoes what may be wrenching changes, the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast it issued in December.
·United States
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Total News Sources7
Leaning Left2Leaning Right0Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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