US EditionPowell says Fed can wait to reduce interest rates as Trump demands cuts
- On June 18, 2025, Federal Reserve Chair Jerome Powell held a press conference in Washington, DC, after the FOMC voted to keep interest rates steady.
- Powell and Fed officials decided to hold rates to assess economic data and the impact of President Trump's tariffs on inflation and growth.
- While the economy remains solid and inflation modestly exceeds the 2% target, Powell emphasized the Fed’s duty to anchor inflation expectations and prevent persistent inflation.
- Futures markets show a 23% chance of a rate cut at the July 29-30 meeting, but Powell said policy makers are in no hurry to adjust until more data arrives.
- The Fed’s wait-and-see approach reflects caution amid economic uncertainties, while some Fed officials and President Trump pressure for earlier rate reductions.
247 Articles
247 Articles
Fed Chair Jerome Powell says rate cut is on hold even as Trump demands cuts
WASHINGTON — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts. “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 said in testimony T…
NATIONAL DISGRACE: "Too Slow" Jerome Powell Says He Refuses to Cut Interest Rates Because Inflation May Go Up Later Sometime This Year
On Tuesday, Federal Reserve Chairman Jerome Powell, a crazed Trump-hater, sat before the Senate Banking Committee to answer questions about his disastrous tenure as FED Chairman.
Fed Chair Jerome Powell repeats rate cuts can wait | Honolulu Star-Advertiser
WASHINGTON >> Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Fed Chair Jerome Powell told members of Congress today.
'Scapegoat': Conservative warns Trump's 'obsession' with Fed chair is a set-up
Federal Reserve Chairman Jerome Powell testified on Tuesday that, were it not for President Donald Trump's tariffs, they would have felt comfortable dropping interest rates. Speaking to the House Financial Services Committee, Powell said, "If you just look at the basic data and don't look at the for...
“Stable prices and maximum employment“. Jerome Powell repeated again and again this Tuesday the mantra that guides his work at the head of the Federal Reserve in the biannual control session before the United States Congress. Continue reading
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