🚨ALERT NEWS: Powell Reaffirms that INTEREST RATE CUTS can wait
The president of the Federal Reserve, Jerome Powell, reinforced this Tuesday that the central bank of the USA will maintain caution regarding interest rates while assessing the impact of tariffs on inflation. According to him, more time is needed to understand whether the inflationary effect of the tariffs will be temporary or more lasting.
The basic rate remains unchanged in the range of 4.25% to 4.5%, and Powell made it clear that, at the moment, there are no signs of an imminent cut.
As long as the effects of the tariffs remain uncertain, the Federal Reserve stands firm, prioritizing economic stability instead of yielding to political pressures.