Powell Economic Impact Debate

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Fed, Trump and Jerome Powell

Fed leaves rates steady despite Trump pressure, gives no hint of September cut

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the decision undercut confidence that borrowing costs would begin to fall in September,

Soy Nómada on MSN · 19h

The Fed maintains rates, Powell challenges Trump and continues with its wait-and-see strategy

The Federal Reserve's decision to maintain interest rates underscores its independence amidst political pressure. As President Trump pushes for rate cuts, Fed Chair Jerome Powell remains committed to a cautious approach,

The Edge Singapore · 15h

Powell cites inflation risk as Fed holds interest rates steady

The Federal Open Market Committee voted 9-2 to hold its benchmark federal funds rate in a range of 4.25%-4.5%, as it has at each of its meetings this year. Governors Christopher Waller and Michelle Bowman voted against the decision in favour of a quarter-point cut.

Moneyweb3d

Fed is set for contentious debate as investors eye fall rate cut

Fed officials will publish a post-meeting statement Wednesday at 2pm in Washington, and Powell will hold a press conference ...

CBS News3mon

Fed's Powell says tariffs could lead to inflation, economic slowdown

Powell said the inflation will likely be temporary, but "could also be more persistent," echoing a concern expressed by a majority of the Fed's 19-member interest rate-setting committee in the ...

14don MSN

Morning Bid: Markets calm down after Powell poser

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Wednesday's market drama on ...

Trump tariffs generate $100 billion, but effect on economy is up for debate

Experts at Bankrate have warned that the cost of President Donald Trump’s tariffs could ultimately be passed on to American ...

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