💥Powell Speaks on Interest Rates – May 2025.
👉Federal Reserve Chairman Jerome #Powell recently said the Fed is not in a hurry to change interest rates. He explained that the U.S. economy is facing a lot of uncertainty, especially because of new tariffs and trade issues. These problems could cause both inflation and unemployment to rise.
Powell made it clear that the economy is still strong overall, but the Fed will be very careful before making any moves. They plan to wait and watch how things go before deciding whether to raise or cut rates.
He also stressed that their decisions will be based on actual economic data, not political pressure.
In short, the Fed is being cautious and will only act when the time is right.