📢 Powell on Inflation and Rates:
“Compared to the period when we moved to cut rates in September 2024, this year’s inflation forecasts are higher due to tariffs.”
📈 This could increase the likelihood of a delay in the Fed’s rate cut timeline.
“Compared to the period when we moved to cut rates in September 2024, this year’s inflation forecasts are higher due to tariffs.”
📈 This could increase the likelihood of a delay in the Fed’s rate cut timeline.