Fed Meeting LIVE: Jerome Powell Says Fed is Uncertain About Trump's Economic Policy Impact | N18G
The Federal Reserve has paused interest rate cuts, maintaining rates at 4.25%-4.5% amid inflation concerns and uncertainty over President Donald Trump’s economic policies. This marks the Fed's first policy decision since Trump became the 47th US President on 20 January. Fed Chair Jerome Powell highlighted challenges in predicting inflation, influenced by Trump’s unpredictable agenda, including tariffs, tax cuts, and mass deportations. While the Fed adopts a cautious wait-and-see approach, further easing could follow if inflation declines and Trump’s policies have a limited impact on prices. Balancing growth and price stability remains a complex task for the central bank.
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