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2/12/2025 9:09:49 AM (GMT+1)

The U.S. Federal Reserve is not in a hurry to lower interest rates: Jerome Powell stated that the policy will remain unchanged despite the strong labor market and inflation, as well as threats from the tariff policy of President Trump and issues with "debanking" 📉

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The U.S. Federal Reserve is not in a hurry to lower interest rates. Jerome Powell stated that, with a strong labor market and high inflation, a rate cut will be postponed. He emphasized that tariffs introduced by President Trump remain an important factor that could exacerbate inflationary pressures. In response to questions about "debanking," Powell promised to review internal regulations. Also, the weakening of the Consumer Financial Protection Bureau raised concerns, leaving citizens without protection from fraudsters. In the near future, the economic policy of the Federal Reserve will depend on the development of inflation and the labor market.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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