No Fed rate cut till September? What Powell's foggy forecast means for stock market investors
- Posted on June 19, 2025
- By Business News Today
- 2 Views
No Fed rate cut till September? What Powell's foggy forecast means for stock market investors
The S&P 500 gave up earlier gains after Fed Chair Jerome Powell warned that goods inflation is likely to rise over the summer due to the impact of Trump-era tariffs on consumers. Similarly, the Sensex and Nifty were trading close to the flatline on Thursday morning.
