Powell repeats rate cuts can wait as Fed studies tariff impacts
- Posted on June 25, 2025
- By Business News Today
- 2 Views
Powell repeats rate cuts can wait as Fed studies tariff impacts
Federal Reserve Chair Jerome Powell indicated the central bank is adopting a wait-and-see approach regarding potential interest rate cuts, despite President Trump's demands. Powell acknowledged that tariffs could drive up prices but emphasized the need for more data to assess the persistence of inflationary effects.
