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Fed Chair Powell resists Trump pressure

Fortune on MSN · 2d

Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation

Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.

USA TODAY · 2d

Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty

The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates.

New York Post on MSN · 11h

Trump admin has ‘lot of good candidates’ to replace Fed Chair Jerome Powell: Bessent

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump since taking office in January had not fueled inflation

Fed, interest rates

CNBCTV18 · 40m

Fed unlikely to cut rates before December, says ING’s James Knightley

Knightley said the Fed is mainly focused on inflation right now, and monthly inflation needs to stay below 0.17% to keep the annual rate on track with its 2% target.

MarketWatch on MSN · 6d

Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon

The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for the Federal Reserve to cut interest rates soon against the backdrop of ongoing trade wars.

July rate cut from Fed is 'now completely off the table' following solid jobs report

The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June alleviated concerns about a slowing US economy.

15hon MSN

Fed's Bostic: Adjustment to Trump policies could take a year or more

The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...

4dOpinion

If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear

The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is ...

Just The News8h

Strong job growth puts Federal Reserve in a pickle as Trump's pressure escalates

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

6don MSN

Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...

6d

Fed's Targeted Inflation Gauge Shows Little Tariff Impact

The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...

1d

ING Sees Dollar Respite After Tariffs Boost Inflation

The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest ...

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