
Powell Under Fire: Fed Rate Policy & Trump’s Pressure
Jerome Powell faces criticism over Fed rate policy, Trump's tariff impact, and allegations of misleading Congress about Fed spending. Future rate cuts depend on economic data analysis.
Jerome Powell faces criticism over Fed rate policy, Trump's tariff impact, and allegations of misleading Congress about Fed spending. Future rate cuts depend on economic data analysis.
Fed officials debate rate cuts amidst economic uncertainty and political pressure. Powell emphasizes a cautious, data-driven approach, while others advocate for earlier action. Inflation and tariffs remain key factors.
"This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained in a context of moderate growth and inflation moving sustainably down to 2%."