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Live: Powell addresses public following Federal Reserve Policy Decision
Posted
June 18, 2025
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June 18, 2025
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57:20Now PlayingFed Chair Jerome Powell spoke with the media after the Federal Reserve kept interest rates unchanged on Wednesday, signaling caution amid economic uncertainty. While the move was widely anticipated, the newly released projections revealed deep divisions among Fed officials over the path of future rate cuts. Some policymakers foresee room for modest reductions this year, while others expect little to no easing as inflation pressures mount and economic growth slows sharply. The Fed had last paused its rate-cutting cycle in January after trimming rates by a full percentage point in late 2024. Since then, officials have adopted a wait-and-see approach, holding off on further action as they assess the economic impact of President Trump’s renewed fiscal and trade policies.
#jeromepowell #federalreserve #feddecision #economy
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