Powell says Fed rate cut is on hold even as Trump demands cuts

by

in

WIZMnews.com

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts. “For the time being, we are well positioned to wait to learn more about […]

The post Powell says Fed rate cut is on hold even as Trump demands cuts appeared first on WIZM 92.3FM 1410AM.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *