On the recordJune 24, 2025
The threat of worsening inflation, plus the uncertainty Trump has generated through his trade war and immigration policies, are causing the Fed to adopt a wait-and-see approach.
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nbcnews.comEditor's note · Context
Powell explains the Fed's cautious stance due to inflation and Trump's policies.
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More from Jerome Powell
Jul 1, 2025
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
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