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Powell Says Trump Tariffs Are What's Kept the Fed From Cutting Rates - Business Insider
Source: Buzz FX / 01 Jul 2025 11:17:38 America/Los_Angeles
- Fed Chair Jerome Powell says tariffs have prevented the rate cuts President Trump badly wants.
- The Fed remains in wait-and-see mode as it updates its inflation and economic outlook.
- Markets anticipate two rate cuts this year, but some
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