Powell to Congress: Fed in no rush to cut rates

Jun. 24, 2025 8:59 AM ETBy: Max Gottlich, SA News Editor12 Comments
Federal Reserve Chair Jerome Powell Delivers Opening Remarks To IF 75th Anniversary Conference

Federal Reserve Chair Jerome Powell will reiterate the U.S. central bank won't rush to cut interest rates as officials wait to see how President Donald Trump's tariffs shake out, according to his Tuesday remarks prepared for delivery to the House Financial Services

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