🚨🚨Jerome Powell – Part 4

No Cuts, No Clarity: The Fed Holds the Line

On May 7, 2025, Jerome Powell made it crystal clear: the Federal Reserve sees no justification for a rate cut right now. Not in May. Not unless the data forces its hand.

Speaking with his usual calm, Powell emphasized that interest rates will remain at current levels (4.50%) — and the bar for reducing them remains high. Here’s what stood out:

• “There’s no basis for a rate cut at this time.”

• “Last year we cut rates due to rising unemployment — this year is different.”

• “We can’t say how much joblessness is tolerable. We watch both inflation and labor data.”

• “Trade negotiations could change the outlook — or not.”

• “Fluctuations in GDP alone don’t change our stance.”

Translation: The Fed is unmoved by political noise, GDP volatility, or market impatience. Only sustained macro deterioration — in labor, inflation, or both — will trigger a shift in policy.

Markets still want to believe in a July rate cut. Powell’s tone? Cold, calculated, and data-anchored.

To the #AMAGE community:

Is this discipline — or denial?

And what will it take for the Fed to finally blink?