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Fed’s Powell: Full Statement to House Financial Services Committee
Posted
June 24, 2025
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5:14Now PlayingFederal Reserve Chair Jerome Powell reiterated to lawmakers that the central bank is in no rush to lower interest rates while waiting for more clarity on the economic impact of President Donald Trump’s tariffs. “For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” Powell said Tuesday in remarks before the House Financial Services Committee.
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