US Federal Reserve to take longer to cut interest rates, says Jerome Powell
- Posted on June 24, 2025
- By Business News Today
- 3 Views
US Federal Reserve to take longer to cut interest rates, says Jerome Powell
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said on Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.
