Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that the central bank continues to monitor the threat of inflation.
Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better
June 13, 2025
Trump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
June 19, 2025
The 10-year Treasury yield jumped 6.9 basis points on Friday to $4.426, reversing a dip in the immediate aftermath of the attacks.
The S&P 500 dropped as Trump weighs whether to enter Israel's war with Iran.
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.
"We have revised our baseline to show only one rate cut in 2026 ... but it is entirely plausible that the Fed won’t deliver any…
Fed Chair Jerome Powell refused to share specifics of his expectations on how the war could affect the US economy after the Fed…
July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
