Fed on hold to see if tariff-induced inflation persists, Powell says

“A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve Chair Jerome Powell said.

Jun 26, 2025 - 16:05
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Fed on hold to see if tariff-induced inflation persists, Powell says

“A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve Chair Jerome Powell said.