#XRPETFs Ambiguity Regarding Trump's Tariffs

The Federal Reserve keeps interest rates steady due to the ambiguity surrounding the proposed Trump tariffs, including a 10% tax on all imports and a 145% tax on Chinese imports. Powell stated that the tariffs are likely to exacerbate inflation and that the Federal Reserve needs more clarity before taking any action. This ambiguity has caused the Federal Reserve to hold back, as Trump's trade policies could significantly impact the economy. With inflation approaching its 2% target, the Federal Reserve's decision remains pending.