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Trump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell

Summary by Fortune
Jerome Powell, Tom Barkin, Jeff Schmid and Lorie Logan have said they’ll wait for data before axing the interest rate—not what President Trump wants.

5 Articles

Experts don't think the central bank will be cowed. An economic downturn could still give the president the cuts he craves.

·Oslo, Norway
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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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News broke the news in on Wednesday, April 9, 2025.
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