#PowellRemarks

The Federal Reserve Keeps Interest Rates Unchanged - But Pressures are Increasing from All Sides

For the fourth consecutive meeting, the Federal Reserve kept interest rates unchanged, indicating continued caution despite signs of slowing inflation. Its chairman, Jerome Powell, acknowledged the progress made, but emphasized the need to "get more good data" before taking any action. The latest Federal Reserve forecasts suggest the possibility of cutting interest rates twice in 2025, but the markets remain divided on the timing.

Adding to the political tension, Donald Trump has reignited criticism, describing Powell as "", and urged for a sharp 2% cut in interest rates to stimulate the economy before the elections.

With inflation declining, political pressures increasing, and growth concerns emerging - will the Federal Reserve change its policies in a timely manner, or will it maintain its policies for a longer period?