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cyber
@vcococ
Fed Chairman Powell: Most Fed Members Expect a Rate Cut Later This Year Chairman Powell said the Fed decided to delay action after assessing the impact of tariffs, which are expected to cause inflation to rise slightly over the summer. With the US economy still strong, he said patience is the most appropriate strategy for now. Powell did not confirm the possibility of a rate cut in July, but emphasized that all options are on the table, and that the direction of interest rates will depend entirely on upcoming economic data.
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