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News

US Fed rate cut not happening soon

CBS News on MSN · 1h
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices."
Investopedia on MSN · 34m
Fed Chair Powell Holds Firm On 'Wait-And-See' Approach To Rate Cuts
Federal Reserve Chair Jerome Powell told Congress the central bank can afford to wait and see how President Donald Trump's tariffs affect the economy before deciding whether or not to cut borrowing costs,
CNN on MSN · 57m
Despite growing divide at the Fed, Chair Powell throws cold water on the possibility of a July rate cut
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
53m
Why Has the Fed Held Rates Steady Despite Strong Economic Data?
Chair Powell acknowledged on Tuesday that “if you look in the rearview mirror and look at existing data that we’ve seen, you ...
1d
Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...

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