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“For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance,” Powell ... can cut the central bank’s key interest rate ...
President Donald Trump renewed his attack on Jerome Powell Thursday, declaring in a social media post that the Federal Reserve Chairman's "termination can't come ... cut interest rates for ...
Still, Powell noted “the size and duration of the effects” of the tariffs “remain uncertain,” adding “it is too soon to say ... time for Fed Chairman Jerome Powell to cut Interest Rates.
His comments come ... Trump has been persistently calling for a Fed rate cut from Powell, his handpicked central bank leader with whom he had a falling out. “This would be a PERFECT time ...