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Powell says US Fed to wait to reduce rates even as Trump demands cuts
The US central bank chair said that data will soon show the impact of inflation, and decisions will be based on that.
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nytimes.com
Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.
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theguardian.com
Federal Reserve chair defends holding interest rates after fresh Trump attacks
Jerome Powell says central bank is waiting to see tariffs’ impact on US prices as president claims ‘incompetence’
