'Wait for greater clarity': US Fed to hold off altering interest rates
Wednesday, 16 April 2025 () Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control.
Wednesday, 16 April 2025 ()
