Fed on Hold to See if Tariff-Induced Inflation Persists, Powell Says

Fed on hold to see if tariff-induced inflation persists, Powell says

“A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve Chair Jerome Powell said.

Fed Chair Powell Signals Potential Rate Cuts Amid Tariff-Linked Inflation and Comments on Crypto Role

Powell Signals Possible Rate Cuts Amid Tariff Concerns Jerome Powell, the Federal Reserve Chair, delivered his semi-annual policy report to Congress yesterday—with another session scheduled for today. His remarks covered everything from inflation risks tied to tariffs to the Fed’s cautious stance on interest rates. Powell acknowledged that new tariffs could push inflation higher in the coming months, particularly over the summer. But he didn’t s…

Powell says Fed will continue to monitor inflation before cutting rates

Fed Chair Jerome Powell told Senators Wednesday that the timeline on lowering interest rates is up in the air.